3 bedrooms Apartment in Nicosia, Cyprus No. 52842

Bedrooms

105 sq.m.

Square

€ 395 000

€ 3 762 / 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%

Parameters

Property Description

This residential building is located in Nicosia, the capital of Cyprus. It is composed of two floors and is strategically located in just a few hundred meters from Franco Cypriot School which makes it perfect for families.

Other specifications:

• 2 and 3 Bedroom Apartments
• Fast and easy access to Public Services

The Project has EPC certificate with "B" Energy Efficiency Rating.

Features

Storage room

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

3 Bedrooms

105 sq.m.

+ VAT

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+ VAT

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3 Bedrooms

2 Bathrooms

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105 sq.m.

+ VAT

Verified property

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1 Bathrooms

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105 sq.m.