+ 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%

3 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 28672

3

Bedrooms

3

Bathrooms

130 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New modern 3 bedroom penthouse in a new project is located close to all amenities and just a few munites from the center of Limassol. The project consists of five apartments with 2 and 3 bedrooms. Penthouse is on the 3rd floor (only one apartment for whole floor). Facilities with an open plan kitchen, with a dining room and a living room, 3 bedrooms, 2 bathrooms and guest WC. They also include an indoor and outdoor verandas, 1 storage room and 1 parking for each apartment. 

Features

Veranda

Veranda

3 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 28672

3 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 28672

Features

Indoor facilities

Veranda

Veranda

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