€ 580 000

€ 6 517 / 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 Tserkezoi, Limassol, Cyprus No. 35994

Bedrooms

Bathrooms

89 sq.m.

Square

Parameters

Property Description

For sale off plan is a modern ground floor apartment in the up-and-coming area of Tserkezoi. This new residence offers a spacious 89 m2 of internal living space with a practical layout, featuring 2 comfortable bedrooms and 2 stylish bathrooms. The building is equipped with an elevator for easy access.

Tserkezoi is a fast-developing area known for its peaceful atmosphere, yet it remains close to essential amenities, shops, and schools. The area also boasts a nearby golf course, perfect for leisure and relaxation. Residents benefit from easy connections to key roads, making daily commutes simple.

Inside, the apartment is designed with contemporary finishes and includes a central air conditioning system and underfloor heating for year-round comfort. The gated complex promises security and privacy along with excellent shared facilities. Enjoy the landscaped communal swimming pool and work out in the on-site gym, all within the safety of the gated community.

The property is set for completion in 2027, making it ideal for those looking to invest in a growing area. For more information or to arrange a viewing, contact Purple International Real Estate today.