+ 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 Agios Athanasios, Limassol, Cyprus No. 27594

2

Bedrooms

95 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: The newly built complex is located in the popular residential area of Agios Athanasios with panoramic views to the south: Limassol city and the sea.An apartment building with a minimalist design that stands out with modern features. Parking spaces on the ground floor and storerooms.Energy efficiency class A. A building with modern thermal insulation of walls and roofs.

• Property type: apartments
• Number of bedrooms 2
• Number of units 2
• Total area 95 m2
• Useful internal 80 m2
• Verandas of 15 m2
• Yard of 48 m2
• The house is ready
• 1st floor of a three-storey building
• possibility of obtaining permanent residence

Project features

• class A energy efficiency certificate
• sound and thermal insulation
• kitchen counters made of techno granite
• high-quality joinery and floors
• controlled access
• armored door for each apartment
• solar water heaters
• modern design
• photovoltaic systems
• storage room for each apartment
• parking space for each apartment
• spacious communal parking

The cost is 355,000 euros + VAT

More detailed information, additional photos, layout, live screenings and consultations: whatsapp/viber/telegram

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