€ 1 250 000

€ 11 364 / 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. 33021

Bedrooms

Bathrooms

110 sq.m.

Square

IV quarter, 2022

Completion date

Parameters

Property Description

Located in the premium coastal area of Limassol. This luxury residence with picture-perfect sea views and benefits from in-house and concierge services, exceptional facilities, and a unique high-end shopping and dining plaza. Located next to the most prestigious residential areas and five-star hotels. Surrounded by beautiful lush landscaping, it affords residents with vast open spaces and green areas where they can unwind and socialize, indoor and outdoor pools, luxurious spa and a state-of-the-art gym; underground and outdoor parking areas; and exclusive access to a clubhouse.