€ 373 000

€ 2 555 / 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 Townhouse in Lakatamia, Nicosia, Cyprus No. 51260

Bedrooms

Bathrooms

146 sq.m.

Square

Parameters

Property Description

The residences are located in Lakatamia, near the GSP area, in a quiet and developing neighborhood of Nicosia. The location combines tranquility with easy access to essential services, schools, shops, and major roads, making it ideal for family living and a long-term investment in a quality home.

The development consists of two modern, detached houses with beautiful gardens and spacious verandas. Each home includes a double garage and thoughtfully designed living spaces. On the ground floor, there is a large living room, dining area, modern kitchen with an island, and a guest toilet, all overlooking the garden. The first floor houses the master bedroom with ensuite bathroom and two additional bedrooms with a shared bathroom. The layout ensures comfort, functionality, and privacy for the entire family.

Each house holds an Energy Efficiency Class A certificate and includes underfloor heating, sound and thermal insulation, solar water heater, pressurized water system, technogranite kitchen countertops, and flooring options in ceramic, parquet, or marble. Provision is made for A/C units and an alarm system, while an entrance camera enhances security. These features provide a comfortable, safe, and energy-efficient living environment ideal for modern family life.