€ 900 000

€ 10 588 / 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 Agios Tychonas, Limassol, Cyprus No. 33020

Bedrooms

Bathrooms

85 sq.m.

Square

Parameters

Property Description

This property is in gated complex, close to the city center and sea. All apartments with uninterrupted of the coastline. Lusciously landscaped each residence is equipped with underfloor heating and VRV air conditioning. The residents have a tennis court, a communal swimming pool, a sauna, a gym and underground parking. Safe leisure and accommodation in the complex is provided by security service and CCTV. All the necessary infrastructure, including restaurants, shops, local schools and even a cinema, are within walking distance.