+ 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 Parekklisia, Limassol, Cyprus No. 25382

2

Bedrooms

111 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: New apartments with the possibility of installment payment and permanent residence in a beautiful area with developed infrastructure, a 5-minute drive from the San Rafael Marina, five-star hotels and gorgeous beaches with excellent transport accessibility to the center of Limassol and the exit to the motorway in a three-storey building of 12 apartments.All apartments will be rented with turnkey finishing using the highest construction and finishing standards. Thoughtful layouts, parking space in the covered Parking lot, storerooms, built-in kitchen, built-in wardrobes in the bedrooms of all apartments.

2-Bedroom Apartment:

• Total area 111 m2
• Living area 83 m2
• Cost 270,000 euros + VAT

3-bedroom apartment

• Total area 155 m2
• Living area 118 m2
• The cost is 370,000 euros + VAT

More detailed information, additional photos, layouts, consultations and live screenings: whatsapp/viber/telegram

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2 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 25382

2 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 25382

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