€ 287 000

€ 3 021 / 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 Bungalow in Frenaros, Ammochostos, Cyprus No. 53104

Bedrooms

Bathrooms

95 sq.m.

Square

Parameters

Property Description

For sale off plan, this stylish bungalow in Frenaros offers comfortable modern living with an internal area of 95 square meters. Set all on one level, the home features two spacious bedrooms and two contemporary bathrooms, making it ideal for couples, small families, or those looking to downsize.

The design embraces open, airy spaces, with large windows bringing in plenty of natural light. The flexible layout provides a roomy living and dining area, and a modern kitchen equipped with quality fittings. Outside, there is plenty of potential for a garden or patio area to enjoy the warm Mediterranean climate.

Frenaros is a peaceful residential area known for its blend of traditional charm and friendly neighborhood atmosphere. The village has a variety of local shops, bakeries, and cafes, and offers easy access to nearby towns and sandy beaches. With quick connections to the highway, commuting and travel are convenient, whether for work or leisure.

Scheduled for completion in 2028, this property presents an excellent opportunity to invest in a brand-new home. Contact Purple International Real Estate today for more details or to arrange a viewing of this attractive project in Frenaros.