+ 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 Ioannis, Limassol, Cyprus No. 30194

3

Bedrooms

2

Bathrooms

95 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

New 3 bedroom apartment in a new project in Agios Ioannis district, Limassol. Close to the entire infrastructure of the city, within walking distance of a supermarket and a park. The project consists of 4 floors and 5 apartments, each with a covered parking and a storage room. The apartment consists of an open-plan kitchen with a living room, 3 bedrooms, a 2 bathrooms and verandas.  Technical Specification: ceramic flooring in all areas and bedrooms, provision for A/C, provision for Electrical heating, provision for electrical shutters, aluminum double glazing window, intercom camera, energy efficiency A+, thermal insulation, polystyrene, provision for photovoltaic system on the roof.

Features

Veranda

Veranda

Storage room

Storage room

3 bedrooms Apartment in Agios Ioannis, Limassol, Cyprus No. 30194

3 bedrooms Apartment in Agios Ioannis, Limassol, Cyprus No. 30194

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more