€ 245 000

€ 3 182 / 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 Kato Polemidia, Limassol, Cyprus No. 26511

Bedrooms

Bathrooms

77 sq.m.

Square

II quarter, 2024

Completion date

Parameters

ID

26511
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

2

Bathrooms

2
Square

77 sq.m.
Veranda area

19 sq.m.
To sea

2.6 km
Completion date

II quarter, 2024
Completed

No

Property Description

New 2 bedroom penthouse in a modern complex located in Kato Polemidia, with easy access to the highway, just 500m from Sklavenitis supermarket and with all necessary infrastructure and amenities nearby. Property accommodates a living and dining area with an open-plan kitchen, 1 bedroom, shower room, covered and uncovered verandas. Finishes include Techno Granite kitchen counters and high quality woodwork and flooring. Building features Energy A Efficiency level with sound and thermal insulation, photovoltaics and controlled access. Covered parking and storage, Project under planning

Features

Veranda