+ 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. 53152

2

Bedrooms

2

Bathrooms

105 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern apartment offers spacious, comfortable living with a total internal area of 105 m2. Designed with convenience in mind, the property includes 2 generous bedrooms and 2 stylish bathrooms. The newly built apartment features top energy efficiency (Class A) for lower running costs and a sustainable lifestyle. Residents will enjoy the benefit of an elevator and access to a large communal swimming pool, perfect for relaxing or entertaining guests.

Located in the sought-after area of Kapparis, this property provides the best of coastal living. Kapparis is a vibrant, friendly area known for its beautiful beaches, stunning sea views, and peaceful atmosphere. With plenty of amenities nearby, including shops, restaurants, and cafes, every necessity is within easy reach. The area is also well connected, with easy access to the highway for quick journeys to surrounding towns.

From the apartment, you will enjoy breathtaking sea views, adding a sense of tranquility to everyday life. With its modern design and prime location, this apartment is a fantastic investment opportunity or perfect as a year-round home.
This property is proudly offered by Purple International Real Estate.

Features

Fast exit to the highway

Sea view

Sea view

Plastic windows with double glazing

Plastic windows with double glazing

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

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

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2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 53152

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 53152

Features

Location

Fast exit to the highway

Sea view

Sea view

Features

Plastic windows with double glazing

Plastic windows with double glazing

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Modern design

Modern design

Indoor facilities

Heating system

Heating system

Elevator

Elevator

Outdoor features

Transport accessibility

Transport accessibility

Swimming pool

Swimming pool

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