+ 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%

1 bedroom Apartment in Paralimni, Ammochostos, Cyprus No. 55027

1

Bedrooms

1

Bathrooms

52 sq.m.

Square

IV quarter, 2029

Completion date

Parameters

Property Description

• Stylish 1-Bedroom Apartment for Sale in Paralimni – Modern Coastal Living
Discover the perfect blend of comfort, style, and location with this elegant off-plan apartment in Paralimni — ideal for investment, holiday use, or permanent living.
• Property Details:
• 52 sq.m. internal area
• 1 spacious bedroom
• 1 modern bathroom
• 1 covered parking space
• Underfloor heating & full air conditioning
• Energy Efficiency Rating: A
• Located on the 1st floor
• Off-plan property – Completion: 2029
• Prime Location:
Situated close to the sea and all essential amenities, including supermarkets, cafes, restaurants, and local markets. Enjoy beautiful sea & city views in a peaceful seaside setting.
• Key Features & Extras:
• Private jacuzzi – your personal relaxation spot
• Storage room
• Security door
• Security alarm system
• Internet ready
• Quiet and well-maintained neighborhood
• Designed with a minimal, modern aesthetic, this apartment offers a bright and functional layout, perfect for a relaxed lifestyle by the coast.
• A smart investment opportunity in a growing area with strong future value.
• Contact us today for more details or to secure this property early.

Features

First sea line

First sea line

Sea view

Sea view

City view

City view

Alarm system

Alarm system

Internet

Internet

Private Jacuzzi

Private Jacuzzi

Statistics

€ 2 750

Price per sq.m.

-

Quality of Life Index

56

Cost of Living Index

Choose a city for comparison

Parameters

Paralimni

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

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1 bedroom Apartment in Paralimni, Ammochostos, Cyprus No. 55027

1 bedroom Apartment in Paralimni, Ammochostos, Cyprus No. 55027

Features

Location

First sea line

First sea line

Sea view

Sea view

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

Private Jacuzzi

Private Jacuzzi

Floor heating in all rooms

Floor heating in all rooms

Outdoor features

Supermarket

Supermarket

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