Description

Looking for the perfect property investment in Cyprus?

Relax Properties is proud to offer this modern one-bedroom apartment currently under construction in the desirable area of Kiti. This brand-new development is an excellent choice for buyers seeking a stylish home by the sea or a promising investment with excellent future appreciation potential.

New-build apartments in Cyprus are subject to 19% VAT for investment purchases or rentals. However, if you are purchasing the property as your primary and permanent residence, you may qualify for the reduced 5% VAT rate (applicable up to 130 m² and a purchase price of €350,000). In addition, buyers of new-build properties subject to VAT are exempt from Transfer Fees.

Why invest in property in Kiti?

Kiti is a peaceful residential community offering an ideal combination of relaxed Mediterranean living and excellent everyday amenities. Supermarkets, cafés, pharmacies, schools and other essential services are all nearby, while beautiful beaches and the city centre are just a short drive away.

Property specifications:

Location: Kiti, Cyprus

Type: One-bedroom apartment

Size:

Internal area: 48 m²
Veranda: 13 m²

Condition: Under construction, modern design

Features: Spacious bedroom, modern bathroom, large windows providing plenty of natural light and high-quality contemporary finishes.

Completion: End of 2028.

Investment opportunity:

Rental potential: Excellent opportunity for capital appreciation during construction as well as strong long-term rental potential.

Flexibility: Ideal as a permanent residence, holiday apartment or investment property suitable for both short-term and long-term rentals.

About the development and location:

The development will offer an exceptional lifestyle with premium shared facilities including a swimming pool, sauna, fully equipped gym, pool bar and professionally managed resort services. These amenities significantly enhance both the living experience and the property's rental appeal.

Why buy with Relax Properties?

Relax Properties is your trusted partner when purchasing real estate in Cyprus. We provide a complete turnkey service, ensuring a safe, smooth and stress-free buying process. The property price is exactly the same as if you purchased directly through the local Cyprus real estate agency.

Interested in this property?

Invest safely in Cyprus real estate. Contact Relax Properties today for more information about this modern apartment in Kiti or secure your property while construction is still underway.