+ 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%

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51212

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

Parameters

Property Description

PROMOTIONAL OFFER: This brand-new 2-bedroom ground floor apartment comes fully furnished with a high-quality furniture package included in the price, presenting a rare opportunity for effortless luxury living.

Ideally located near the vibrant, all-year-round resort of Kapparis, this contemporary property is perfect for enjoying Cyprus’ renowned sunshine. Nestled within a newly developed private gated community, residents benefit from exceptional amenities including three communal swimming pools, a modern gym, and lush landscaped gardens.

Each apartment block comprises only eight residences—two per floor—with convenient lift access, allocated parking, and private storage units on the ground floor. Designed with comfort and style in mind, every home offers a serene living experience in a peaceful, modern setting.

The development is just a short walk from local conveniences such as supermarkets, bakeries, shops, restaurants, and the stunning sandy beaches that define the Kapparis area.

Scheduled for completion in April 2026, this is an ideal opportunity for investment, holiday use, or year-round living.

Features

Close to the beach

Close to the beach

Fast exit to the highway

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Statistics

€ 2 750

Price per sq.m.

-

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paralimni

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 567

Apartment (3 bedrooms) in City Centre

€ 1 167

Apartment (3 bedrooms) Outside of Centre

€ 1 300

Buy Apartment Price

Price per square metre in the city centre

€ 2 750

Price per square metre outside the city centre

€ 3 250

Similar Property

285 000

2 Bedrooms

83 sq.m.

+ VAT

285 000

2 Bedrooms

83 sq.m.

+ VAT

285 000

2 Bedrooms

83 sq.m.

+ VAT

280 000

2 Bedrooms

83 sq.m.

+ VAT

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51212

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51212

Features

Location

Close to the beach

Close to the beach

Fast exit to the highway

Features

Plastic windows with double glazing

Plastic windows with double glazing

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Fully furnished

Built-in closet

Built-in closet

Indoor facilities

Children's playroom

Children's playroom

Heating system

Heating system

Veranda

Veranda

Storage room

Storage room

Elevator

Elevator

Covered parking

Covered parking

Outdoor features

Gated community

Gated community

Transport accessibility

Transport accessibility

Garden

Garden

Swimming pool

Swimming pool

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