+ 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 Stockholm Residence Strovolos, Nicosia, Cyprus No. 29546

2

Bedrooms

2

Bathrooms

86.2 sq.m.

Square

II quarter, 2023

Completion date

Parameters

Property Description

A luxury residential complex, state of the art project designed and developed by Prime Property Group. Stockholm residence features finished luxury residences of 11 two and three bedroom apartments with a common swimming pool, gym and many other features. Floor to ceiling double glazing thermal glass windows look out onto large spacious terraces which enjoy panoramic city views of Nicosia. Richly designed modern architecture blends the interior and exterior spaces into a warm, elegant mix of offerings to allow you to enjoy every moment. Focused on sophisticated details and understated style, this is an address to be envied, the go-to destination for the discerning buyer.

Features

Veranda

Veranda

Storage room

Storage room

Swimming pool

Swimming pool

Statistics

€ 2 000

Price per sq.m.

-

Quality of Life Index

-

Cost of Living Index

Choose a city for comparison

Parameters

Strovolos

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 600

Apartment (1 bedroom) Outside of Centre

€ 500

Apartment (3 bedrooms) in City Centre

€ 925

Apartment (3 bedrooms) Outside of Centre

€ 850

Buy Apartment Price

Price per square metre in the city centre

€ 2 000

Price per square metre outside the city centre

€ 2 000

2 bedrooms Apartment in Stockholm Residence Strovolos, Nicosia, Cyprus No. 29546

2 bedrooms Apartment in Stockholm Residence Strovolos, Nicosia, Cyprus No. 29546

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Swimming pool

Swimming pool

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