+ 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%

3 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 54465

3

Bedrooms

3

Bathrooms

128 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

A fantastic opportunity awaits with this off-plan apartment for sale on the 4th floor in Strovolos. Boasting 128 sq.m. of living space and 45 sq.m. of covered verandas, and 15 sq.m. of uncovered verandas this residence offers comfort and style. Featuring 3 bedrooms, 3 bathrooms, a modern kitchen, and a spacious living room, it caters to contemporary living needs. The added convenience of a closed parking space ensures hassle-free living. Enjoy the luxury of underfloor heating and air conditioning for year-round comfort. With an impressive A energy certificate, this apartment promises energy efficiency and sustainability.
Located in proximity to a mall and the city center, residents will have easy access to amenities and urban conveniences. Moreover, the inclusion of CCTV, a security alarm, and smart home features adds an extra layer of security and convenience. Don’t miss out on the chance to own this stylish and technologically advanced urban retreat.

Features

Close to shopping malls

Close to shopping malls

City center

City center

Alarm system

Alarm system

Smart Home system

Smart Home system

Floor heating in all rooms

Floor heating in all rooms

Private parking

Private parking

Similar Property

525 000

3 Bedrooms

128 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Limassol, Cyprus No. 38939

577 000

3 Bedrooms

1 Floor

IV quarter, 2022

128 sq.m.

395 000

3 Bedrooms

2 Bathrooms

1 Floor

128 sq.m.

+ VAT

395 000

3 Bedrooms

128 sq.m.

+ VAT

3 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 54465

3 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 54465

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Features

Alarm system

Alarm system

Smart Home system

Smart Home system

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Private parking

Private parking

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