Apartment · New Development
3-bedroom apartment in Protaras
Protaras, Famagusta, Cyprus
€ 1,250,000
net
with 19 % VAT: € 1,487,500
as a first home for your own use: € 1,438,500
5 % on the first 130 m² and the first € 350,000 Anything above that is charged at 19 %.
Only if all of this applies:
- You buy as a private individual, not as a company
- It is your first property in Cyprus
- You register it as your main residence
- You live in it yourself for ten years
- You do not let it — not through Airbnb or similar platforms either
- The application is filed before handover
No transfer fee applies — that only arises on a VAT-free purchase.
Indicative calculation based on the 2023 rules. Your tax adviser’s statement is what counts.
The images show the development, not this individual unit.
Description
This apartment with 3 bedrooms is located in Protaras. The living space is 120 square metres.
The apartments are located in Protaras, a good one and a half kilometres from the town centre. Protaras is the seaside resort of the east coast: sandy bays with shallow, clear water, restaurants and shops, and the nature park at Cape Greco is a few minutes away by car.
A development with a communal pool; two of the apartments also have their own pool. Completion is scheduled for December 2027.
We are happy to send you floor plans, the completion date and the payment schedule — just drop us a line.
At a glance
PoolTerrace or balconyNew build
Location
The circle shows the area, not the exact address.