+ 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%

2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 25378

2

Bedrooms

143 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: New apartments in an almost ready complex with delivery by the summer of 2024, 4 km from the sea with amazing sea and mountain views, a short drive from the blue flag beaches, Limassol business and tourist infrastructure, international schools, etc. Excellent price-quality-location ratio plus the possibility of obtaining permanent residence!

• Property type: apartments
• Number of bedrooms 2
• Number of units 2
• Total area from 143 m2
• Living area from 90 m2
• Parking space in a closed parking lot
• Storeroom
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• The distance from the sea is 4 km
• Commissioning - 2nd quarter 2024
• The possibility of obtaining permanent residence
• Sea view
• Mountain view
• City view
• Excellent transport accessibility

There are 2-bedroom apartments priced from 340 to 400 thousand and 3-bedroom apartments (total area 190 m2, living area 120 m2) worth 580 thousand euros + VAT

 

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2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 25378

2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 25378

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