€ 359 000

€ 2 051 / 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 Latsia, Nicosia, Cyprus No. 51710

Bedrooms

Bathrooms

175 sq.m.

Square

Parameters

Property Description

The project is located in one of the most developing and strategic areas of Latsia, Nicosia. This location is considered prime as it offers the peace and quiet of a residential neighborhood while providing immediate access to all essential infrastructure, such as schools, shops, and services. The fact that it is situated very close to the highway makes it an ideal choice for those working in Nicosia or traveling frequently to other cities. At the same time, it offers a beautiful lifestyle away from the noise of the city center.

This is a modern, high-standard residential development that emphasizes structural integrity and contemporary design. The construction is based on a reinforced concrete frame and follows all anti-seismic regulations. The project stands out for its attention to detail and the quality of materials used, offering a living environment that combines aesthetics with functionality and long-term durability.

The residence has been designed with maximum comfort and energy efficiency in mind. The price includes high-quality finishes, such as premium ceramics and sanitary ware, as well as a fully landscaped yard with topsoil upon completion of the works.

The technological and technical features include:

Complete Thermal Insulation System: Featuring 8cm exterior polystyrene and thermal bricks to minimize energy loss.

Advanced Window Frames: Aluminum frames with double thermal glazing for superior sound and heat insulation.

Energy Infrastructure: Full installation of a 3KW photovoltaic system, solar water heater, and provision for air conditioning units (split units) in all areas.

Water System: Water pressure system and a large water tank (1500 liters) for continuous and uninterrupted supply.

Security and Functionality: Provision for electric gates at the parking entrance and an installed video intercom system for access control.