+ 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 Frenaros, Ammochostos, Cyprus No. 54203

2

Bedrooms

2

Bathrooms

88 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

This modern 2-bedroom apartment for sale in Vrysoulles, Famagusta, is located on the second floor and offers 88 sqm of covered living space, two bathrooms, a 14.5 sqm covered veranda, a 2.2 sqm storage room, and a 6.5 sqm office. The apartment is part of a well-maintained complex featuring a 12 x 5 m communal swimming pool, ideal for relaxation and leisure. Situated in an excellent location in Vrysoulles, it is close to all amenities and just a short drive from Protaras, Paralimni, and Ayia Napa. With modern design, luxury finishes, and a convenient location, this property is perfect for permanent residence, a holiday home, or investment.

Features

Elevator

Elevator

Private parking

Private parking

School

School

Park

Park

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+ VAT

2 bedrooms Apartment in Frenaros, Ammochostos, Cyprus No. 54203

2 bedrooms Apartment in Frenaros, Ammochostos, Cyprus No. 54203

Features

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

School

School

Park

Park

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