€ 7 600 000

€ 6 667 / 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%

36 bedrooms Commercial property in Agios Athanasios, Limassol, Cyprus No. 35507

Bedrooms

1140 sq.m.

Square

Parameters

Property Description

For sale: Modern apartment building under construction in the sought-after area of Agios Athanasios. This impressive property offers a generous internal space of 1,140 m² and is thoughtfully designed to include 12 x 3 bed apartments, making it an ideal investment opportunity.

Agios Athanasios is a vibrant and well-established neighborhood known for its welcoming community and convenient access to city amenities. Residents here enjoy a balance of peaceful living and easy reach to shops, restaurants, schools, and major transport links.

The building features energy efficiency class A, ensuring lower utility costs and environmentally-friendly living. Set within a secure gated complex, residents benefit from an elevator, a communal swimming pool for relaxation, a fully-equipped gym, and a Jacuzzi. These high-quality amenities provide comfort and promote an active lifestyle.

With a location close to all essential services, this property is perfect for those seeking both convenience and modern design. For more details or to arrange a viewing, please contact Purple International Real Estate.