+ 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%

4 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 55441

4

Bedrooms

3

Bathrooms

133 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• 3rd floor Apartment for Sale in Paralimni
A spacious modern apartment of 133 m², currently under construction . It offers 4 bedrooms and 3 bathrooms , along with a closed parking space and an energy efficiency rating of A .
Ideally located close to the sea and near cafes & restaurants , the property also enjoys beautiful sea views .
Extras include an elevator , storage space , and access to a swimming pool , making it perfect for comfortable living or a great investment opportunity
Delivery date : DEC 2027

Features

Sea view

Sea view

New project

New project

Elevator

Elevator

Private parking

Private parking

Garden

Garden

Swimming pool

Swimming pool

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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4 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 55441

4 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 55441

Features

Location

Sea view

Sea view

Features

New project

New project

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

Garden

Garden

Swimming pool

Swimming pool

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