+ 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%

48.7m2 Apartment in Lakatamia, Nicosia, Cyprus No. 56646

1

Bathrooms

48.7 sq.m.

Square

Parameters

Property Description

Modern Studio Apartment for Sale in Lakatamia
Discover this contemporary studio apartment, located on the 2nd floor in the vibrant area of Lakatamia. With a total area of 48.70 sq.m., this under-construction property is perfect for those seeking a modern and efficient living space.
Key Features:
Size: 48.70 sq.m. of well-designed living space.
Bathrooms: 1 modern and well-appointed bathroom.
Energy Efficiency: Boasts an impressive A energy certificate, ensuring eco-friendly living.
Status: Under construction, offering the latest in contemporary design and materials.
Price: €99,000
Ideal for first-time buyers or investors, this studio apartment offers a fantastic opportunity to own a property in one of Lakatamia’s most sought-after areas. Contact Century 21 Cyprus today for more information and to schedule a viewing. Don’t miss out on this excellent investment opportunity!

Features

New project

New project

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48.7m2 Apartment in Lakatamia, Nicosia, Cyprus No. 56646

48.7m2 Apartment in Lakatamia, Nicosia, Cyprus No. 56646

Features

Features

New project

New project

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