+ 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 Neapolis, Limassol, Cyprus No. 25660

3

Bedrooms

3

Bathrooms

245.9 sq.m.

Square

Parameters

Property Description

De luxe 3 bedroom duplex apartment in one of the most prestigious and tallest buildings on the island, situated right on the beachfront in the heart of Limassol's tourist area. It comprises 84 luxurious apartments with expansive verandas and exceptional sea views. Each apartment reflects unique design and ultra modern style. The main features of the project include: reception area, 24 hr security, concierge service, house keeping service, business center, private store rooms. Excellently located within walking distance to all city amenities. Estimated completion date: December 2018.

Features

Veranda

Veranda

3 bedrooms Apartment in Neapolis, Limassol, Cyprus No. 25660

3 bedrooms Apartment in Neapolis, Limassol, Cyprus No. 25660

Features

Indoor facilities

Veranda

Veranda

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