€ 287 000

€ 3 261 / 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 Nicosia, Cyprus No. 51274

Bedrooms

Bathrooms

88 sq.m.

Square

Parameters

Property Description

The project is located in Agioi Omologites, one of the most central and sought-after areas of Nicosia. The location offers immediate access to the city centre, as well as shops, schools, restaurants, services, and cultural and entertainment venues. With easy connectivity to the main road network, it is an ideal choice for those who want to live close to everything, while still enjoying the comfort of a quality home.

This is a contemporary five-storey residential building set on a 589 sq.m. plot, comprising eight apartments ranging from one to four bedrooms. The design combines modern architecture, functional layouts, and high-quality materials, creating an elegant and practical living environment. The project holds an Energy Efficiency Certificate A and is scheduled for completion in June 2026. The last available apartment is located on the first floor and features two bedrooms, offering comfortable and well-designed interior spaces suited to modern everyday living.

The apartment is equipped with a VRV air-conditioning system, underfloor heating with a gas boiler, and photovoltaic panels, ensuring energy efficiency and year-round comfort. It also includes home automation for lighting and shading control, motorized blinds, a burglar alarm, video door phone, LAN infrastructure, and a TV/SAT system. High-quality finishes include an Italian kitchen, parquet flooring, granite surfaces, selected ceramic tiles, a fireplace, an en-suite bathroom, and a dedicated laundry area. The price includes a covered parking space with provision for electric vehicle charging and a private storage room, offering a complete and contemporary living solution in the heart of the city.
Floor: 1st