€ 310 000

€ 3 954 / 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 Ekali, Limassol, Cyprus No. 26594

Bedrooms

Bathrooms

78.4 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

ID

26594
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

2

Bathrooms

2
Square

78.4 sq.m.
Veranda area

22 sq.m.
To sea

4 km
Completion date

IV quarter, 2024
Completed

No

Property Description

New 2 bedroom apartment in a new complex in Ekali area, a safe residential neighbourhood in the heart of Limassol, in close proximity to numerous amenities and just a minute drive from the motorway. The complex is designed in accordance with modern aesthetic standards and provides a comfortable, calm and easy life. The project consists of three floors and six apartments, two of which have a private roof garden. The apartments combine modern interior design with warm and cozy elements, while the two top floor apartments enjoy separate private roof-gardens and swimming-pools. The large balconies with frameless glass railings accentuate the feeling of openness and create a smooth and sustainable relation with the surrounding area. Modern design, each apartment has a covered parking space and a storage room. Covered area of 78 m2+ 22 m2 verandas. The project will be completed in autumn 2024.

Features

Veranda

Storage room