+ 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 Nicosia, Cyprus No. 55099

2

Bedrooms

2

Bathrooms

98 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment for Sale in Lykavittos, Nicosia
Discover contemporary city living in this stylish 2-bedroom apartment located on the 7th floor of an impressive new development in the sought-after area of Lykavittos, Nicosia.
Offering 98 sqm of internal living space, this beautifully designed residence features 2 spacious bedrooms, 2 modern bathrooms, and a bright open-plan living area, perfectly combining comfort, functionality, and elegance. Built in 2026 to the highest standards, the apartment boasts underfloor heating, air conditioning, double-glazed windows, and an Energy Efficiency Rating A, ensuring year-round comfort and reduced energy consumption.
Fully furnished with modern finishes, the property enjoys stunning city views and benefits from a range of premium amenities, including:
• 24/7 Reception & Concierge Service
• Fully Equipped Residents’ Gym
• Elevator Access
• Security Door
• CCTV Security System
• Covered Parking Space
• Contemporary Architectural Design
Ideally situated close to schools, shopping malls, public transportation, the city centre, cafés, and restaurants, this exceptional apartment offers both convenience and an elevated urban lifestyle.

Features

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Furnished

Furnished

Floor heating in all rooms

Floor heating in all rooms

Good quality

Good quality

Statistics

€ 2 763

Price per sq.m.

154

Quality of Life Index

59

Cost of Living Index

Choose a city for comparison

Parameters

Nicosia

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 719

Apartment (1 bedroom) Outside of Centre

€ 622

Apartment (3 bedrooms) in City Centre

€ 1 526

Apartment (3 bedrooms) Outside of Centre

€ 1 189

Buy Apartment Price

Price per square metre in the city centre

€ 2 763

Price per square metre outside the city centre

€ 2 042

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+ VAT

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+ VAT

2 bedrooms Apartment in Nicosia, Cyprus No. 55099

2 bedrooms Apartment in Nicosia, Cyprus No. 55099

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Features

Furnished

Furnished

Floor heating in all rooms

Floor heating in all rooms

Good quality

Good quality

New development project

New development project

Indoor facilities

Private Gym

Private Gym

Elevator

Elevator

Outdoor features

School

School

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