+ 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%

1 bedroom Apartment in Neapolis, Limassol, Cyprus No. 29191

1

Bedrooms

1

Bathrooms

59 sq.m.

Square

Parameters

Property Description

This one bedroom apartment is located just 150 meters from the sandy beach in a modern complex in a prestigious part of the Neapolis area. A very convenient location allows you to enjoy a quiet and secluded living just a couple of minutes from the sea, main roads, the city center and all the necessary infrastructure within walking distance. The complex provides the following facilities: underground parking, a large outdoor pool and a small one for children, a  recreation area with sun beds and a jacuzzi, an outdoor shower and a sauna, a spacious lawn and guest parking. The apartment is located on the 3rd floor and comprises of an open plan kitchen, a sitting area, spacious veranda, one cozy bedroom, and a bathroom with a tub, one underground parking place and spacious storage room. The apartment has never been used and is ready to be furnished and moved in. Suitable for PR. Title deed available.Features• Easy access to main roads• Fitted wardrobes• Investment opportunity• Laminate flooring• Double glazing• Veranda, large• Quiet Area• Modern design• Walking distance to beach• Near bus route• Near amenities• JacuzziFacilities• Aircondition, Provision• Parking, Underground• Pool, Communal• Elevator• Childrens playground• Sauna• Storage• Gated complex• Landscaped garden• Outdoor shower• Solar water heater

Features

Veranda

Veranda

Car park

Car park

1 bedroom Apartment in Neapolis, Limassol, Cyprus No. 29191

1 bedroom Apartment in Neapolis, Limassol, Cyprus No. 29191

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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