€ 870 000

€ 4 503 / 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. 24197

Bedrooms

Bathrooms

193.2 sq.m.

Square

Parameters

ID

24197
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Open and covered
Access

Private
Bedrooms

3
Floor

4

Total floors

5
Bathrooms

3
Square

193.2 sq.m.
Veranda area

48.9 sq.m.
To sea

700 m
To city center

2 km
To airport

5 km
Completed

No

Property Description

Long awaited "live and work" project with offices and elite apartments in one cozy establishment

• Posh and convenient location near Limassol center and business streets with best shops, restaurants, schools, city parks and cultural sites within a stroll

• Residents facilities: gym, spa and business lounge

Parking: parking space

Security systems: have the option of smart technology