€ 1 091 000

€ 8 142 / 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 Nicosia, Cyprus No. 56144

Bedrooms

Bathrooms

134 sq.m.

Square

Parameters

Property Description

This stylish 134 sq.m. apartment in Nicosia City offers contemporary living with a host of desirable features. Boasting 3 bedrooms and 3 bathrooms, it provides ample space for comfortable living. A closed parking spot adds convenience. Underfloor heating and air conditioning ensure year-round comfort, while its impressive A energy certificate speaks to its efficiency.
Conveniently located near the Mall and City Center, residents enjoy easy access to amenities and entertainment options. The apartment also offers unique advantages including an elevator for effortless access, a common swimming pool for relaxation, and security features such as a robust security door, CCTV surveillance, a security alarm, and a fire extinguishing system for peace of mind.
Ideal for those seeking modern urban living combined with safety and convenience, this apartment presents an enticing opportunity in Nicosia City.