€ 430 000

€ 4 479 / sqm

+ VAT

From January 13, 2014 the VAT rate in Cyprus is 19%. However, buyers can purchase a new property with a reduced VAT rate of 5% under the following conditions:

The purchase is made by an individual, not a legal entity.
The buyer is not going to rent out the acquired property.
This will be a primary residence in Cyprus for the buyer, and they do not have any other property in Cyprus acquired with the reduced VAT rate within the last 10 years.

A reduced VAT rate of only 5% is applied to the first 200 m². The remaining area over 200 m² is subject to a 19% tax. These rules only apply to buyers of new developments, while for secondary real estate, VAT is 0%

3 bedrooms Apartment in Limassol, Cyprus No. 20219

Bedrooms

Bathrooms

96 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

The apartment is part of an exclusive residential development with only seven apartments, located in the center of the Limassol, close to many amenities, and services, and has easy access to the highway. The building is Energy Efficient A with photovoltaics designated for each apartment individually making it easier to save on electricity bills. The apartment has spacious interior spaces with great touches and an eye to detail in every corner. It is a great choice for those who are searching for a valuable investment or a great place to live in the center.