€ 452 000

€ 7 793 / 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%

1 bedroom Apartment in Limassol, Cyprus No. 36497

Bedrooms

Bathrooms

58 sq.m.

Square

Parameters

Property Description

For sale: This modern 1-bedroom apartment offers 58 m2 of internal space and will be completed in 2028. Located on the third floor of a five-story building with elevator access, this off-plan property is perfect for those looking for a comfortable and stylish home.

The apartment is part of a gated complex that provides both security and exclusivity. Residents will enjoy underfloor heating for year-round comfort, as well as access to a communal swimming pool and a well-equipped gym. The property includes one spacious bedroom, a well-designed bathroom, and an open-plan living area.

Agios Nicolaos is a vibrant area known for its blend of tranquility and convenience. The neighborhood is close to a wide range of amenities including shops, cafes, schools, and parks, making daily living easy and enjoyable. With its peaceful green spaces and friendly atmosphere, this area is highly sought after by both locals and newcomers.

This exceptional apartment is proudly advertised by Purple International Real Estate. If you are looking for a modern home in a well-connected location, this is a great opportunity to secure a new property in one of the area's most desirable communities.