+ 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. 28242

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

III quarter, 2023

Completion date

Parameters

Property Description

Modern 2 bedroom apartment in a contemporary complex located in a sought-after residential area of Agios Athanasios, well-developed area, close to all necessary infrastructure and amenities, easy access to the highway and a short drive to the city center and the sea side with beaches and promenades. A residential building characterized by a minimal design that stands out due to its contemporary features. Semibasement parking spaces and store rooms for each apartment. High quality elevator. Energy efficiency Class A Building with exceptional thermal insulation for walls and roofs. Sound and thermal insulation. Techno granite kitchen counters. High quality woodwork and flooring. Controlled access. Security door for each apartment. Installed solar water heaters and photovoltaics system. Ample communal parking area.

Features

Veranda

Veranda

2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 28242

2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 28242

Features

Indoor facilities

Veranda

Veranda

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