€ 320 000

€ 3 902 / 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 Kato Polemidia, Limassol, Cyprus No. 29590

Bedrooms

Bathrooms

82 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

A contemporary residential development located in the well-established area of Polemidia, within walking distance of everyday amenities and offering easy access to the motorway.
The project is a secure, gated complex comprising two four-storey buildings. One building features four apartments per floor, while the second offers three apartments per floor, ensuring a sense of privacy and comfort.
The beautifully landscaped grounds include a swimming pool, indoor and outdoor parking areas, and thoughtfully designed green spaces, creating a pleasant and relaxing environment for residents.
Each apartment benefits from a private parking space and a dedicated storage room. Spacious verandas and a roof terrace provide stunning panoramic views of the city, making this development an ideal choice for modern living.
Delivery march 27