+ 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 Paralimni, Ammochostos, Cyprus No. 55030

2

Bedrooms

2

Bathrooms

78.5 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

• Modern 2-Bedroom Apartment for Sale in Paralimni – Coastal Living & Smart Investment
Discover comfort and contemporary design in this spacious off-plan apartment, perfectly located in Paralimni — ideal for both living and investment.
• Property Details:
• 78.50 sq.m. internal area
• 2 bright bedrooms
• 2 modern bathrooms
• 1 open parking space
• Underfloor heating & full air conditioning
• Energy Efficiency Rating: A
• Off-plan property – Completion: 2028
• Location & Lifestyle:
Situated close to the sea and within easy reach of cafes and restaurants, this apartment offers lovely sea & city views in a quiet and relaxing environment.
• Key Features:
• Storage room
• Internet ready
• Security alarm system
• Peaceful neighborhood
• Designed with a modern aesthetic, the apartment is bright, functional, and perfect for comfortable everyday living or holiday use.
• An excellent opportunity to invest in a growing coastal area with strong future potential.
• Contact us today for more details or to secure your unit early.

Features

Sea view

Sea view

City view

City view

Alarm system

Alarm system

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Off-plan development

Off-plan development

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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2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 55030

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 55030

Features

Location

Sea view

Sea view

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Off-plan development

Off-plan development

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