+ 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 Protaras, Ammochostos, Cyprus No. 54485

2

Bedrooms

2

Bathrooms

84 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Apartment for sale, located on the 1st floor in the Protaras area, walking distance from the sea. This spacious 84 sq.m. apartment offers a modern design and is currently under construction. It features 2 bedrooms, 2 bathrooms, a fully equipped kitchen, and a comfortable living room. The property includes 1 closed parking space, air conditioning, and boasts an energy efficiency certificate of class A. Residents can enjoy a beautiful sea view, with the apartment being in close proximity to the seaside. Additional amenities include access to a common swimming pool, a common gym, and storage space. This apartment is ideal for those seeking a modern lifestyle near the beach.
Delivery Date: November 2024

Features

First sea line

First sea line

Sea view

Sea view

Kitchen Appliances

Kitchen Appliances

Furnished

Furnished

New project

New project

Private parking

Private parking

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+ VAT

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2 Bedrooms

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+ VAT

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2 Bedrooms

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+ VAT

2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 54485

2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 54485

Features

Location

First sea line

First sea line

Sea view

Sea view

Features

Kitchen Appliances

Kitchen Appliances

Furnished

Furnished

New project

New project

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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