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2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m²

2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m² - photo 1
2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m² - photo 2
2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m² - photo 3
2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m² - photo 4
2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m² - photo 5
2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m² - photo 6
2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m² - photo 7
2 bed apartment for sale in Nicosia center, Nicosia, Cyprus, 160 m² - photo 8
Price€550,000
TypeApartment
Covered area160 m²
Beds2
Rooms3
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Environment

Apartment in Nicosia

Elite 2 bedroom apartment in a prestigious building situated in the city center of Nicosia. The apartment includes a spacious living area, 2 large bedrooms, master bedroom with en-suite shower cabin, kitchen fitted with Miele appliances and covered veranda. Fully equipped with VRV air conditioning, under floor heating and AMX automation system, double glazed windows and Italian marble flooring, furnished with luxurious furniture. The building is controlled by CCTV monitoring system. Residential area within easy reach to all amenities.

Extra Сosts when Buying Property

TRANSFER TAX*
up to €85 000 3%
€85 000 - €170 000 5%
over €170 000 8%
*If VAT has been paid no transfer tax
*If no VAT has been paid 50% of the transfer tax rate
STAMP DUTY
If the value of the property is less than € 171,000 0,15%
If the value of the property exceeds € 171,000 0,2%
VAT
standard rate 19%
reduced rate 0-5%

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Interest Rate
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Ongoing Ownership Costs

Municipality Tax, annually 0.02%
Communal Services fees, multi-residential complexes, monthly €40-50
Communal Services fees, private house, monthly €60-200
Sewerage Tax, annually €60-75
Electricity costs, monthly about €50
Water rates, monthly about €50
Telecommunication rates €50-60

Additional Services Costs

Legal support (one time payment) 0.8%-1%

Return on Investment

Property Price
Rental Cost
0%
Jane
Company Representatives
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Limassol, Paphos, Larnaka
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