1 bedroom Apartment in Nicosia, Cyprus No. 57749

Bedrooms

Bathrooms

50.45 sq.m.

Square

IV quarter, 2027

Completion date

€ 175 000

€ 3 469 / 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%

Parameters

Property Description

• Modern 1-Bedroom Apartment in Egkomi – Minimal Design & Great Investment!
Discover this stylish off-plan apartment in the sought-after area of Egkomi, perfect for students, professionals, or investors looking for a smart opportunity!
• Property Details:
• 1 bedroom
• 1 bathroom
• 50.45 sq.m. internal area (64.10 sq.m. plot)
• 1st floor apartment
• 1 covered parking space
• Comfort & Style:
• Air conditioning
• Energy Efficiency Rating A
• Fully furnished
• Minimal modern design
• Features & Extras:
• Elevator & internal elevator
• Storage room
• Security alarm
• Internet ready
• Great Location:
• Close to schools
• Near supermarkets
• Beautiful mountain views
• Easy access to main roads & highway
• Located in a quiet neighborhood, ideal for comfortable everyday living
• Off-plan – Delivery Q4 2027
• Perfect for personal use or as a high-demand rental investment in a prime area!
• Contact today for more information or to reserve your unit early!