€ 2 700 000

€ 5 182 / sqm

+ 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%

521m2 Building in Mesa Geitonia, Limassol, Cyprus No. 28623

521 sq.m.

Square

Parameters

Property Description

New modern building of 6 aparments located in Mesa Getonia area, with all necessary infrastructure and amenities nearby. Convenient location allows easy access to the highway and roundabout, city center and it takes just a short drive to the seaside tourist area with it's beaches and promenades. The three stores building has two apartments on each floor, 80-100 sq. m indoor area of each apartment and covered parking on ground floor. It is very good investent. Date of delivery April 2024