€ 125 000

€ 2 500 / 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%

1 bedroom Apartment in Nicosia, Cyprus No. 56651

Bedrooms

Bathrooms

50 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

For sale in Nicosia City, Lykavittos: a modern, off-plan 2nd-floor apartment spanning 50 sq.m. Ideal for singles or couples, this compact yet stylish property features 1 bedroom, 1 bathroom, a fully equipped kitchen, and a comfortable living room. The apartment includes a covered parking space, ensuring convenience.
Designed for energy efficiency, it boasts an A-class energy certificate, double-glazed windows, solar panels, and central heating with air conditioning for year-round comfort. The sleek tiled floors add a contemporary touch. Located near key amenities, including transportation, the mall, and the city center, this property offers unparalleled urban convenience.
Enjoy city views from this well-situated residence, perfect for modern lifestyles. Additional features include an elevator for easy access. Whether you’re a first-time buyer or looking for an investment opportunity, this apartment promises practicality, efficiency, and style in one of Nicosia’s most sought-after areas.