€ 293 000

€ 3 805 / 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 Nicosia, Cyprus No. 52162

Bedrooms

Bathrooms

77 sq.m.

Square

Parameters

Property Description

The project is situated in one of Nicosia's most charming and central neighborhoods, Lykavitos, in a quiet area just off Kallipoleos Street. This prime location perfectly caters to all lifestyles while offering a stable investment outlook. For families, the area is ideal, offering immediate access to schools, educational centers, and green parks. At the same time, its close proximity to the University of Cyprus makes these apartments highly attractive to students and academics. With shops, supermarkets, and cafes just a breath away, your daily routine becomes simpler, while you can reach the city center in just a few minutes.

This is an elegant four-story residential building with a modern design, offering the peace and privacy you desire. The building consists of only 8 apartments in total, with just two units per floor, ensuring a more personal and quiet living environment. The construction follows the latest standards, featuring bright and functional spaces with large balconies that offer unobstructed views of the area, perfect for relaxing at any time of the day.

All available apartments feature two bedrooms and are designed for maximum comfort. The price includes all modern amenities that add value to your investment:
- Solar water heater and a water pressure system for constant hot water throughout the year.
- Private parking space and a dedicated storage room on the ground floor.
- Video intercom system for secure access to the building.
- High-quality materials and provisions for all modern technological needs (such as air conditioning and heating).
- High energy efficiency, guaranteeing low electricity bills and a superior quality of life.
Floor: 4th