{"id":15887,"date":"2026-04-15T06:17:53","date_gmt":"2026-04-15T06:17:53","guid":{"rendered":"https:\/\/kantoudevelopers.com\/?p=15887"},"modified":"2026-04-15T06:19:37","modified_gmt":"2026-04-15T06:19:37","slug":"houses-for-sale-gsp-area-nicosia-5-vat-homes","status":"publish","type":"post","link":"https:\/\/kantoudevelopers.com\/en\/houses-for-sale-gsp-area-nicosia-5-vat-homes\/","title":{"rendered":"Houses for Sale GSP Area Nicosia | 5% VAT Homes"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"15887\" class=\"elementor elementor-15887\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b196db2 elementor-section-boxed elementor-section-height-default elementor-section-height-default qodef-elementor-content-no\" data-id=\"b196db2\" data-element_type=\"section\" data-e-type=\"section\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-900839c\" data-id=\"900839c\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-6d18b80 elementor-widget elementor-widget-text-editor\" data-id=\"6d18b80\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"text-editor.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<h2><b>Houses for Sale in GSP Area Nicosia<\/b><\/h2><p><span style=\"font-weight: 400;\">Houses for sale in the GSP Area of Nicosia are in high demand, especially among buyers seeking <\/span><b>modern detached homes with reduced 5% VAT<\/b><span style=\"font-weight: 400;\">. Elia Residences by Kantou Developers offers a rare opportunity to secure a high quality home in one of the most desirable residential areas of Nicosia.<\/span><\/p><p><span style=\"font-weight: 400;\">Located in Lakatamia near GSP Stadium, the development combines <\/span><b>strategic location, energy efficiency and long term value<\/b><span style=\"font-weight: 400;\">, making it ideal for both first time buyers and owner occupiers.<\/span><\/p><p>\u00a0<\/p><h2><b>Prime Residential Location Near GSP<\/b><\/h2><p><span style=\"font-weight: 400;\">The GSP Area continues to grow in popularity due to its accessibility and balanced lifestyle offering.<\/span><\/p><p><span style=\"font-weight: 400;\">Key location advantages include:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Direct highway access within minutes<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fast connection to Nicosia city centre<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Easy routes to Limassol and Larnaca<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Close proximity to schools, supermarkets and daily services<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">As a result, homes for sale in GSP Area Nicosia provide a strong combination of <\/span><b>convenience, comfort and long term investment stability<\/b><span style=\"font-weight: 400;\">.<\/span><\/p><p>\u00a0<\/p><h2><b>Modern Detached Homes Designed for Family Living<\/b><\/h2><p><span style=\"font-weight: 400;\">Elia Residences focuses on <\/span><b>functional design and contemporary architecture<\/b><span style=\"font-weight: 400;\">, delivering homes that are built for everyday living.<\/span><\/p><p><span style=\"font-weight: 400;\">Each property includes:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Fully detached three bedroom home<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Internal covered areas approx. 144 m\u00b2 to 171 m\u00b2<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Plot sizes approx. 220 m\u00b2 to 320 m\u00b2<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Two bathrooms plus guest WC<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Private parking and outdoor space<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">The layout ensures <\/span><b>clear separation between living and sleeping areas<\/b><span style=\"font-weight: 400;\">, while large openings maximise natural light throughout the home.<\/span><\/p><p>\u00a0<\/p><h2><b>Energy Efficient Homes Built to Class A Standards<\/b><\/h2><p><span style=\"font-weight: 400;\">All homes are built to <\/span><b>Class A energy efficiency<\/b><span style=\"font-weight: 400;\">, reducing long term costs and improving sustainability.<\/span><\/p><p><span style=\"font-weight: 400;\">Specifications include:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Photovoltaic panel provision<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Solar water heating system<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Electric vehicle charging provision<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Security system with alarm and cameras<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">High quality construction materials<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">These features enhance both <\/span><b>daily living and long term resale value<\/b><span style=\"font-weight: 400;\">.<\/span><\/p><p>\u00a0<\/p><h2><b>5% VAT Benefit for Primary Residence Buyers<\/b><\/h2><p><span style=\"font-weight: 400;\">A key advantage when considering houses for sale in GSP Area Nicosia is the <\/span><b>reduced 5% VAT scheme<\/b><span style=\"font-weight: 400;\">, available to eligible buyers purchasing a primary residence.<\/span><\/p><p><span style=\"font-weight: 400;\">Benefits include:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reduced VAT rate of 5% instead of 19%<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Significant savings on overall purchase cost<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Increased affordability for first time buyers<\/span><\/li><\/ul><p><span style=\"font-weight: 400;\">With regulatory timelines approaching, this creates a <\/span><b>time sensitive opportunity to secure a property under favourable conditions<\/b><span style=\"font-weight: 400;\">.<\/span><\/p><p>\u00a0<\/p><h2><b>Frequently Asked Questions<br \/><br \/><\/b><\/h2><h5><b>Why buy houses in the GSP Area of Nicosia?<\/b><\/h5><p><span style=\"font-weight: 400;\">The GSP Area offers excellent connectivity, modern infrastructure and a family friendly environment, making it one of the most desirable residential locations in Nicosia.<br \/><br \/><\/span><\/p><h5><b>What type of homes are available at Elia Residences?<\/b><\/h5><p><span style=\"font-weight: 400;\">The development consists of fully detached three bedroom houses with private plots, designed for modern family living.<br \/><br \/><\/span><\/p><h5><b>Who qualifies for the 5% VAT rate?<\/b><\/h5><p><span style=\"font-weight: 400;\">The reduced VAT applies to eligible buyers purchasing a primary residence, subject to Cyprus government criteria.<\/span><\/p><p>\u00a0<\/p><h2><b>Secure Your Home at Elia Residences<\/b><\/h2><p><span style=\"font-weight: 400;\">Opportunities to purchase <\/span><b>fully detached houses in the GSP Area of Nicosia<\/b><span style=\"font-weight: 400;\"> with 5% VAT are limited.<\/span><\/p><p><span style=\"font-weight: 400;\">Elia Residences combines <\/span><b>location, quality and financial advantage<\/b><span style=\"font-weight: 400;\">, making it one of the strongest residential options currently available in the area.<br \/><br \/><\/span><\/p><p><span style=\"font-weight: 400;\">Enquire now:<\/span><a href=\"https:\/\/kantoudevelopers.com\/en\/contact-us\/\"> <span style=\"font-weight: 400;\">https:\/\/kantoudevelopers.com\/en\/contact-us\/<\/span><\/a><br \/><br \/><\/p><p><span style=\"font-weight: 400;\">Explore the project:<\/span><span style=\"font-weight: 400;\"><br \/><\/span><a href=\"https:\/\/kantoudevelopers.com\/property-item\/elia-residences\/\"><span style=\"font-weight: 400;\">https:\/\/kantoudevelopers.com\/property-item\/elia-residences\/<\/span><\/a><br \/><br \/><\/p><p><span style=\"font-weight: 400;\">Download the brochure:<\/span><span style=\"font-weight: 400;\"><br \/><\/span><a href=\"https:\/\/drive.google.com\/file\/d\/136wCcuFHMCKLJttonDldZmINWshc2Xrk\/view\"><span style=\"font-weight: 400;\">https:\/\/drive.google.com\/file\/d\/136wCcuFHMCKLJttonDldZmINWshc2Xrk\/view<\/span><\/a><\/p><p>\u00a0<\/p><h2><b>About Kantou Developers<\/b><\/h2><p><span style=\"font-weight: 400;\">Kantou Developers is a Nicosia based developer with nearly 30 years of experience delivering high quality residential projects.<\/span><\/p><p><span style=\"font-weight: 400;\">The company focuses on:<\/span><\/p><ul><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Reliable construction standards<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Functional, modern design<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Long term property value<\/span><\/li><li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">Consistent project delivery<\/span><\/li><\/ul>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b5c8f4 elementor-align-center elementor-widget elementor-widget-button\" data-id=\"6b5c8f4\" data-element_type=\"widget\" data-e-type=\"widget\" data-widget_type=\"button.default\">\n\t\t\t\t<div class=\"elementor-widget-container\">\n\t\t\t\t\t\t\t\t\t<div class=\"elementor-button-wrapper\">\n\t\t\t\t\t<a class=\"elementor-button elementor-button-link elementor-size-sm elementor-animation-grow\" href=\"https:\/\/kantoudevelopers.com\/news-articles\/\">\n\t\t\t\t\t\t<span class=\"elementor-button-content-wrapper\">\n\t\t\t\t\t\t\t\t\t<span class=\"elementor-button-text\">Read more Articles<\/span>\n\t\t\t\t\t<\/span>\n\t\t\t\t\t<\/a>\n\t\t\t\t<\/div>\n\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Houses for Sale in GSP Area Nicosia Houses for sale in the GSP Area of Nicosia are in high demand, especially among buyers seeking modern detached homes with reduced 5% VAT. Elia Residences by Kantou Developers offers a rare opportunity to secure a high quality home in one of the most desirable residential areas of [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":11041,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[61],"tags":[],"class_list":["post-15887","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 4.9.8 - aioseo.com -->\n\t<meta name=\"description\" content=\"Modern houses for sale in GSP Area Nicosia with 5% VAT. Discover Elia Residences by Kantou Developers. 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