€ 180 000

€ 2 266 / 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%

2 bedrooms Apartment in Nicosia, Cyprus No. 56338

Bedrooms

Bathrooms

79.45 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

For sale: a cozy 2nd-floor apartment in the desirable area of Lykavittos, Nicosia City. This off-plan property offers a well-designed 79.45 sq.m. interior with an additional 20.80 sq.m. of covered verandas. The layout includes 2 bedroom, 2 bathroom, a kitchen, and a living room, along with a closed parking space. Designed for energy efficiency and comfort, it features central heating, air conditioning, double-glazed windows, and solar panels, boasting an A-rated energy certificate and tiled floors. Residents will enjoy city views and convenient access to transportation, shopping malls, and the city center. Added benefits include an elevator, making this a practical and modern choice for single occupants or couples looking for city living.
Delivery Date: May 2026