1 bedroom Apartment in Nicosia, Cyprus No. 51635
1
Bedrooms
50 sq.m.
Square
€ 200 000
€ 4 000 / sqm
+ VAT
+ 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.
Parameters
Property Description
The development will be located in Nicosia, in the upscale area of Engomi. It will be composed of 1 and 2 bedroom apartments and strategically located just a few minutes from the Mall of Engomi and the University of Nicosia.
Each apartment will be able to enjoy the panoramic views of the neighbourhood from their verandas. The top floor apartments will also have covered and uncovered roof terraces.
The Project has EPC certificate with "B" Energy Efficiency Rating.
Statistics
€ 2 763
Price per sq.m.
154
Quality of Life Index
59
Cost of Living Index
Choose a city for comparison
Parameters
Nicosia
Rent Per Month
Apartment (1 bedroom) in City Centre
€ 719
Apartment (1 bedroom) Outside of Centre
€ 622
Apartment (3 bedrooms) in City Centre
€ 1 526
Apartment (3 bedrooms) Outside of Centre
€ 1 189
Buy Apartment Price
Price per square metre in the city centre
€ 2 763
Price per square metre outside the city centre
€ 2 042
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