€ 225 000

€ 2 711 / 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 Strovolos, Nicosia, Cyprus No. 51464

Bedrooms

Bathrooms

83 sq.m.

Square

Parameters

Property Description

For Sale: Premium 2-Bedroom Apartment in Makedonitissa - Nicosia
Available for sale is a stunning two-bedroom apartment located in an exceptional and quiet residential neighborhood in Makedonitissa. This property features a premium architectural design and is situated on the first floor of a modern, small-scale building, ensuring privacy and tranquility for its residents. The apartment offers 83 square meters of internal living space along with a spacious 19-square-meter covered veranda, ideal for outdoor relaxation. Key features included in the price are a dedicated covered parking space, a private storage room, and an installed 2 kW photovoltaic system, providing significant energy efficiency and cost savings. This is an ideal choice for a high-quality home or a strategic investment in one of Nicosia’s most desirable areas.
Floor: 1st