+ 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 Paralimni, Ammochostos, Cyprus No. 51810

2

Bedrooms

2

Bathrooms

75 sq.m.

Square

Parameters

Property Description

Apartment For sale, floor: 1st, in Paralimni. The Apartment is 75 sq.m.. It consists of: 2 bedrooms (1 Master), 2 bathrooms, 2 wc, 1 kitchens, 1 living rooms, while it has the following parkings: 1 Pilotis space, Solar water system, Thermal insulation, Thermal facade are also available, it has Alluminum, Thermal brake frames, the energy certificate is: A and its floors are Tiles. The property's status is: New development, Excellent condition, it is close to Transportation, Sea, Seaside, School, Church, Kindergarten, Super Market, Entertainment centers, Cafe/Restaurants, Local market. The Apartment is Bright, Airy, Modern, Minimal design and it also has the following unique features and advantages: Elevator, Storage, CCTV, Quiet neighborhood, Porch. Price: €245.000. KW Seven Cyprus, contact phone: +35770001007, email: kwseven@kwcyprus.com, website:
Floor: 1st

Features

Sea nearby

Sea nearby

Near restaurants

Near restaurants

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Tile flooring

Tile flooring

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

Similar Property

245 000

2 Bedrooms

2 Bathrooms

2 Floor

IV quarter, 2025

75 sq.m.

245 000

2 Bedrooms

75 sq.m.

+ VAT

248 000

2 Bedrooms

75 sq.m.

+ VAT

240 000

2 Bedrooms

75 sq.m.

+ VAT

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51810

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51810

Features

Location

Sea nearby

Sea nearby

Near restaurants

Near restaurants

Features

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Tile flooring

Tile flooring

Good quality

Good quality

Outdoor features

Transport accessibility

Transport accessibility

Supermarket

Supermarket

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