2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51340

2

Bedrooms

75 sq.m.

Square

+ 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%

Parameters

Property Description

Paralimni is a charming town with a rich history and culture, surrounded by stunning beaches and natural beauty.

The project offers spacious and modern apartments of 1 and 2 bedrooms with quality finishes and materials. Each apartment has a spacious layout with a large, covered balcony (some of them optional roof garden) including a covered parking, and an extra storage room. You can choose from different layouts and sizes, depending on your needs and preferences. Whether you want to live there permanently or use it as a holiday home, you will enjoy the comfort of these properties.

The Project has EPC certificate with "B" Energy Efficiency Rating.

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

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