€ 480 000

€ 6 400 / 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 Limassol, Cyprus No. 35356

Bedrooms

Bathrooms

75 sq.m.

Square

Parameters

Property Description

For sale: A modern 2-bedroom apartment under construction in the popular area of Agios Nicolaos. Offering 75 m² of internal space, this comfortable home is located on the first floor of a four-story building, complete with an elevator for easy access.

The apartment features two well-lit bedrooms and a spacious bathroom. Designed with functionality in mind, the open-plan living and dining area offer a welcoming atmosphere, enhanced by large windows that provide a pleasant city view. Its smart layout ensures every square meter is efficiently used, making it ideal for singles, couples, or small families.

Agios Nicolaos is a vibrant neighborhood known for its friendly community and convenient city living. Residents enjoy easy access to a wide range of amenities including shops, restaurants, schools, and healthcare centers. The area is also well-connected, with the highway just minutes away, allowing for easy travel to nearby destinations.

This promising property is an excellent opportunity for those seeking a new home or a wise investment in a prime location. For more information or to arrange a viewing, contact Purple International Real Estate.