Description

Looking for the perfect property investment in Cyprus?

Relax Properties is pleased to offer this modern one-bedroom apartment, ready to move in, located in the sought-after area of Paralimni. This property is an excellent choice for buyers looking for a comfortable home or an attractive investment with great rental potential.

Newly built 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 Paralimni?

Paralimni is one of the most desirable destinations in Cyprus, combining traditional Cypriot charm with modern amenities. The town offers a wide range of shops, cafés, restaurants and everyday services, while beautiful sandy beaches and scenic coastal walks are only a short drive away, making it an ideal location for both permanent living and holiday rentals.

Property specifications:

Location: Paralimni, Cyprus

Type: One-bedroom apartment (top floor)

Internal area: 75 m²

Condition: Newly built, ready to move in, building with elevator

Features: Spacious bedroom, two modern bathrooms, unfurnished, allowing you to create your own ideal living space

Investment opportunity

Rental potential: Excellent opportunity for both long-term and holiday rentals.

Flexibility: Perfect as a permanent residence, holiday home or investment property with strong rental demand throughout the year.

About the building and location:

The apartment is situated on the top floor of a well-maintained two-storey building with an elevator, offering comfort, privacy and convenient living. Shops, cafés, restaurants, schools and all essential amenities are nearby, while the stunning beaches can be reached within a short drive.

Why buy with Relax Properties?

Relax Properties is your trusted partner for purchasing real estate in Cyprus. We provide a complete turnkey service, ensuring a safe and hassle-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 or to arrange a viewing of this attractive apartment in Paralimni.