€ 300 000

€ 4 000 / 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 Paralimni, Ammochostos, Cyprus No. 53808

Bedrooms

Bathrooms

75 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

• Apartment for Sale in Paralimni
• Key details:
• 75 m²
• 1st floor
• 2 bedroom
• 2 bathroom
• 1 covered parking space
• Energy class: A
Under construction
Location highlights:
Sea view
Close to the sea
Near public market
Close to cafes & restaurants
Extras:
Storage space
Modern new-build design
A compact modern apartment in a great location, perfect for seaside living or investment
Delivery Date: May 2028

Features

Sea view

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

€ 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

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT

2 Bedrooms

75 sq.m.

+ VAT