€ 320 000

€ 3 098 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

3 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51204

Bedrooms

Bathrooms

103.28 sq.m.

Square

Parameters

Property Description

This new development features 36 thoughtfully crafted apartments, designed with functionality, contemporary living and everyday comfort in mind. Each space is created to enhance quality of life and offer residents a welcoming environment to truly feel at home. Consisting of two buildings with a total of 36 apartments (1, 2, and 3 bedroom units), a communal swimming pool, and an outdoor gym.

Residents will appreciate the direct access to convenient amenities, including an elevator for easy movement between floors. The communal swimming pool invites you to relax and unwind, while the gym is fully equipped to help you stay active without leaving home.

Being close to the highway ensures effortless travel to work and leisure destinations, adding everyday convenience to your busy lifestyle. With its blend of comfort, modern features, and premium facilities, this apartment is an excellent choice for those seeking quality and value.

The location offers unmatched accessibility to some of Cyprus’ most sought after locations. In just ten minutes, residents can reach the lively centre of Protaras and the iconic Fig Tree Bay, one of the island’s most awarded beach. Moments away, Paralimni itself offers the perfect blend of modern convenience and traditional charm, making it an ideal place to call home.