€ 600 000

€ 4 478 / 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. 22055

Bedrooms

134 sq.m.

Square

Parameters

Property Description

3 bedroom, 2 baths stunning apartment for sale in a new project located just a few hundred meters from Dasoudi Park. With nearby supermarkets, shops, cafes, a running and bicycle track and an amazing beach, the location of this property is providing a Mediterranean lifestyle to the fullest.

The building consists of 3 floors with a total of 6 apartments and comes with some amazing features such as earthquake-resistant and reinforced concrete structures, ceramic brick walls with thermal and sound insulation, panoramic windows, underfloor heating, highest quality ceramics and plumbing, Italian kitchen, doors and wardrobes, video intercom, provisions for a smart home system, etc. Overflow swimming pool, gym, and sauna features that this project also enjoys and will provide the highest comfort to new owners.

This apartment is on the 1st floor, it has a total indoor covered area of 113 sqm, with 31 sqm veranda, and comes with a parking place and storage of 14 sqm.

From the entrance on the right is open plan kitchen area, on the left is a dining and living area that are extending further outside to a covered veranda and straight from the entrance is a corridor leading to bedrooms and a family bathroom.

The master bedroom features an en-suite bathroom and exit to a covered veranda.

Price for 1st floor – 600,000 euro+VAT

Price for 2d floor – 650,000 euro+VAT