+ 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 Neapolis, Limassol, Cyprus No. 28217

2

Bedrooms

2

Bathrooms

83.3 sq.m.

Square

Parameters

Property Description

New modern 2 bedroom apartment in a contemporary complex made of just 3 apartments with on apartment per floor which ensures privacy and comfort. The complex is located inh Nepolis area less than 200m from the sea surounded by all necessary infrustructure and amenities as well as nearby Molos and Enairios promenade. Apartmen is equipped with VRV air-conditioning and underfloor heating. Coverd parking and storage. Delivery: August 2022

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Apartment in Neapolis, Limassol, Cyprus No. 28217

2 bedrooms Apartment in Neapolis, Limassol, Cyprus No. 28217

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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