€ 400 000

€ 5 000 / 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%

2 bedrooms Apartment in Agios Ioannis, Limassol, Cyprus No. 28671

Bedrooms

Bathrooms

80 sq.m.

Square

Parameters

Property Description

New modern 2 bedroom apartment located in new project in Ayios Ioannis area, Limassol. It consists of 3 storeys, two 2-bedroom luxurious modern apartments on each floor, each with covered parking and storage room. The structure of the building gives to the resident a unique feeling of exclusively and security. All the materials, tiles and sanitary ware are of the highest quality. It is ideal to satisfy even the most demanding clients who are seeking a special residence and therefore a better quality of life. It is located in Ayios Ioannis area, close to all facilities. It is only 5-minutes’ drive to the center of Limassol. The apartment consists of an open-plan kitchen with a living and dining area, 2 bedrooms, 1 bathroom and 1 WC and a veranda. Energy efficiency with the highest-class A for the building. Project under study.

Features

Veranda

Storage room