€ 260 000

€ 3 095 / 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%

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51217

Bedrooms

Bathrooms

84 sq.m.

Square

Parameters

Property Description

This two-bedroom second floor apartment is ideally located in the popular all-year-round resort of Kapparis, offering an excellent opportunity for both permanent living and investment. Situated within close walking distance of shops, restaurants, cafés, bars and some of the area’s most beautiful sandy beaches, the property combines coastal living with everyday convenience. Set within an exclusive, modern gated development, residents benefit from a vibrant community atmosphere, a communal swimming pool and private allocated parking.

The apartment offers stylish internal living space and features a bright open-plan kitchen and living area, two bedrooms, a contemporary bathroom and a guest WC. Fully furnished with elegant modern décor, the property is ready for immediate occupancy. Large windows enhance the sense of space and allow an abundance of natural light throughout, creating a warm and welcoming environment.

Kapparis is a highly sought-after coastal location known for its friendly atmosphere, excellent amenities and lively yet relaxed lifestyle throughout the year. With scenic beaches, local tavernas and modern facilities close by, this apartment represents a superb choice for those seeking modern living by the sea, a holiday home or a rental investment in one of Cyprus’ most desirable areas.