€ 1 250 000

€ 10 417 / sqm

+ 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%

3 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 55442

Bedrooms

Bathrooms

120 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Ground Floor Apartment for Sale in Paralimni
A spacious modern apartment of 120 m², currently under construction . It offers 3 bedrooms and 2 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