+ 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 Tychonas, Limassol, Cyprus No. 28837

2

Bedrooms

2

Bathrooms

95 sq.m.

Square

III quarter, 2026

Completion date

Parameters

Property Description

This business class complex is located in one of the most prestigious areas of Limassol - tourist area of Agios Tychonas, within 150 meters to the sea and close to all amenities. The project offers 2 & 3 bedroom business class luxury apartments and Duplexes, private underground parking, storage rooms, underfloor heating, electric shutters in bedrooms, gated secured entrance, communal swimming pool and gym, children's playground.

Features

Veranda

Veranda

Storage room

Storage room

Car park

Car park

Swimming pool

Swimming pool

2 bedrooms Apartment in Agios Tychonas, Limassol, Cyprus No. 28837

2 bedrooms Apartment in Agios Tychonas, Limassol, Cyprus No. 28837

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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