€ 1 460 000

€ 11 870 / 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 Ayia Napa, Ammochostos, Cyprus No. 54082

Bedrooms

Bathrooms

123 sq.m.

Square

Parameters

Property Description

Two Bedroom apartment in a residential building of a new project inspired by bringing a new way of experiencing the luxurious way of living to the island.
The apartment is built to high standards, with imported high-quality materials. Minimal decor, high ceilings, and big windows will give you the opportunity to catch the most amazing sea-view pictures from your veranda.
Highly secured as it is part of a gated complex, with 24/7 security service , including that all apartments have a smart home system installation for your convenience.
A great investment opportunity