+ 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 Ioannis, Limassol, Cyprus No. 28519

2

Bedrooms

2

Bathrooms

86 sq.m.

Square

II quarter, 2025

Completion date

Parameters

Property Description

New modern 2 bedroom apartment in a contemporary complex in the very center of Limassol, Agios Ioannis district. For individuals seeking a luxury lifestyle within an urban setting, residents will never be too far from the city’s beating heart. Walking distance to Limassol Marina and the Cyprus University of Technology. Finishes and fittings include double-glazed windows , porcelain flooring in living areas and laminate in bedrooms, provision for air-conditioning and installed solar water heater. Complex features audio-entry system and landscaped gardens

Features

Veranda

Veranda

2 bedrooms Apartment in Agios Ioannis, Limassol, Cyprus No. 28519

2 bedrooms Apartment in Agios Ioannis, Limassol, Cyprus No. 28519

Features

Indoor facilities

Veranda

Veranda

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