+ 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. 55486

2

Bedrooms

2

Bathrooms

78 sq.m.

Square

IV quarter, 2029

Completion date

Parameters

Property Description

• Modern Seaside Apartment for Sale in Paralimni – Smart Investment Opportunity
Step into contemporary coastal living with this stylish off-plan apartment in Paralimni — perfect for both personal use and investment.
• Property Details:
• 78 sq.m. internal area
• 2 comfortable bedrooms
• 2 modern bathrooms
• 1 covered parking space
• Underfloor heating & full air conditioning
• Energy Efficiency Rating: A
• Off-plan property – Completion: 2029
• Prime Location:
Ideally situated close to the sea, city center, and vibrant cafes/restaurants, offering beautiful sea & city views and easy access to everything you need.
• Key Features & Amenities:
• Communal swimming pool
• Landscaped garden
• Elevator access
• Storage room
• Internet ready
• CCTV, security alarm & cameras
• Quiet and peaceful neighborhood
• Designed with a modern aesthetic, this apartment is bright, functional, and ideal for a relaxed seaside lifestyle.
• An excellent opportunity to secure a future-ready property in one of Paralimni’s most desirable areas.
• Contact us today for more information or to reserve your unit early.

Features

City center

City center

Sea view

Sea view

City view

City view

Alarm system

Alarm system

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

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

Similar Property

650 000

2 Bedrooms

78 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Protaras, Ammochostos, Cyprus No. 37034

725 000

2 Bedrooms

2 Bathrooms

78 sq.m.

+ VAT

574 888

2 Bedrooms

78 sq.m.

+ VAT

574 000

2 Bedrooms

78 sq.m.

+ VAT

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 55486

2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 55486

Features

Location

City center

City center

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

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

Swimming pool

Swimming pool

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more