+ 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 Agios Athanasios, Limassol, Cyprus No. 33551

1

Bedrooms

97 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: 1 bedroom apartment for sale in a new complex of modern design, located in the heart of Limassol, in a quiet residential area of Agios Athanasios, close to all amenities, schools (5 minutes by car to Foley's school, 5 minutes to Grammar school and a few minutes to public school) just 5 minutes away to the highway and just a 15-minute drive from the Mediterranean Sea. The complex consists of spacious apartments (one-two-three bedrooms) and a penthouse with verandas. All apartments will be built to the highest standards using the latest technologies and building materials of the highest quality with first-class finishes, climate control, electric heating, private covered parking and a storage room for each apartment. The total area is 97 m2. Living area 56 m2, veranda 15 m2, storage room 3 m2.

• Property type: apartments
• Number of bedrooms: 1
• Number of bathrooms: 1
• Total area 97 m2
• Living area 56 m2
• Veranda of 15 m2
• Storage room of 3 m2
• Parking
• Ready - July 2024
• Climate control system
• 5 minutes drive from the international school
• 15 minutes drive from the sea
• The cost is 230,000 euros + VAT

View original text

Similar Property

Verified property

1 bedroom Apartment in Limassol, Cyprus No. 38695

550 000

1 Bedrooms

1 Floor

IV quarter, 2020

97 sq.m.

Verified property

1 bedroom Apartment in Limassol, Cyprus No. 24189

430 000

1 Bedrooms

1 Bathrooms

2 Floor

97.3 sq.m.

+ VAT

Verified property

1 bedroom Apartment in Limassol, Cyprus No. 24194

450 000

1 Bedrooms

1 Bathrooms

3 Floor

97.3 sq.m.

+ VAT

Verified property

1 bedroom Apartment in Limassol, Cyprus No. 24184

410 000

1 Bedrooms

1 Bathrooms

1 Floor

99.1 sq.m.

+ VAT

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