€ 510 000

€ 9 273 / 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%

1 bedroom Apartment in Agios Tychonas, Limassol, Cyprus No. 27512

Bedrooms

Bathrooms

55 sq.m.

Square

Parameters

Property Description

For sale: Modern one-bedroom apartment in the desirable area of Agios Tychonas. This property is currently under construction, with completion expected in 2027. The apartment offers 55 square meters of internal space and features one spacious bedroom, one bathroom, and is conveniently situated on the first floor of a five-story building with elevator access.

The apartment is part of a secure, gated complex designed for comfortable living. Residents will enjoy high-quality features such as underfloor heating, as well as access to a communal swimming pool and a fully equipped gym. These amenities create a perfect environment to relax or stay active without leaving home.

Agios Tychonas is known for its peaceful atmosphere and attractive surroundings. The area offers a blend of natural beauty and modern conveniences, with shops, restaurants, and entertainment venues nearby. The location provides easy access to both the beaches and the city, making it ideal for both permanent residence and investment.

This property is advertised by Purple International Real Estate. It offers a great opportunity to own a contemporary apartment in one of the region's most sought-after areas. Contact us today for more details or to arrange a viewing.