€ 635 000

€ 7 623 / 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%

2 bedrooms Apartment in Neapolis, Limassol, Cyprus No. 26234

Bedrooms

Bathrooms

83.3 sq.m.

Square

I quarter, 2023

Completion date

Parameters

ID

26234
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

1

Bathrooms

1
Square

83.3 sq.m.
Veranda area

24 sq.m.
To sea

160 m
Completion date

I quarter, 2023
Completed

No

Property Description

Modern 2 bedroom apartment in a new contemporary complex, located in Neapolis area, just 160m from the sea, near Debenhams Olympia and all necessary infrastructure and amenities. Apartment features 2 bedrooms, 1 bathroom, spacious kitchen and dining area which leads to a living room and a covered veranda. Storage and covered parking available. Delivery : February 2023

Features

Veranda

Storage room

Car park