+ 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%

3 bedrooms Apartment in Agios Nektarios, Limassol, Cyprus No. 28196

3

Bedrooms

3

Bathrooms

114.7 sq.m.

Square

I quarter, 2023

Completion date

Parameters

Property Description

New modern 3 bedroom apartment in a contemporary low-rise residential complex. This elegant, but yet modern project is a result of a unique combination and balance between modern, comfort and luxury lifestyle. The building comprising of six 2 & 3 bedrooms apartments, and one whole floor penthouse. Prime location of the complex offers easy and immediate access to all residential amenities. High quality building materials and finishes. Covered parking and storage.

Features

Veranda

Veranda

3 bedrooms Apartment in Agios Nektarios, Limassol, Cyprus No. 28196

3 bedrooms Apartment in Agios Nektarios, Limassol, Cyprus No. 28196

Features

Indoor facilities

Veranda

Veranda

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