+ 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 Strovolos, Nicosia, Cyprus No. 55604

2

Bedrooms

2

Bathrooms

92 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment in Strovolos – Under Construction
Located on the 1st floor of a new residential development in Strovolos, this 92 sq.m. apartment offers a contemporary living experience with quality finishes and excellent design.
Layout & Spaces:
2 bedrooms, including a spacious master suite
2 bathrooms and 2 WCs
Open-plan kitchen and living area
2 covered parking spaces
Additional storage room
Specifications & Amenities:
Central underfloor heating
Air conditioning throughout
Aluminum window frames
Tile and laminate flooring
Energy efficiency rating: A
Window screens installed
Internal elevator in the building
Location & Surroundings:
Situated in a quiet neighborhood
Just 1 meter from a school
Enjoys pleasant city views
A great opportunity to own a modern home in one of Strovolos’ most convenient and fast-growing areas.

Features

City view

City view

Floor heating in all rooms

Floor heating in all rooms

Private parking

Private parking

Statistics

€ 2 000

Price per sq.m.

-

Quality of Life Index

-

Cost of Living Index

Choose a city for comparison

Parameters

Strovolos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 500

Apartment (3 bedrooms) in City Centre

€ 925

Apartment (3 bedrooms) Outside of Centre

€ 850

Buy Apartment Price

Price per square metre in the city centre

€ 2 000

Price per square metre outside the city centre

€ 2 000

Similar Property

250 000

2 Bedrooms

1 Bathrooms

92 sq.m.

+ VAT

242 300

2 Bedrooms

92 sq.m.

+ VAT

259 000

2 Bedrooms

92 sq.m.

+ VAT

259 000

2 Bedrooms

92 sq.m.

+ VAT

2 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 55604

2 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 55604

Features

Location

City view

City view

Features

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Private parking

Private parking

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