€ 1 180 000

€ 19 504 / 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. 37595

Bedrooms

Bathrooms

60.5 sq.m.

Square

Parameters

Property Description

For sale: Off-plan one-bedroom apartment in a premium seafront location in Limassol. This modern property offers an internal space of 60.50 m2 and features one bedroom and one contemporary bathroom. The apartment is designed to provide maximum comfort, with a central AC system and underfloor heating throughout.

Residents will enjoy a host of top-quality amenities, including access to a communal swimming pool and a fully equipped gym. An elevator serves the building for ease of access. The apartment boasts panoramic and sea views, offering a truly unique living experience just steps from the coastline.

This development is ideally situated in Limassol, in an area known for its vibrant energy and cosmopolitan lifestyle. Limassol offers a blend of cultural sites, fine dining, stylish cafes, shopping, and easy access to local amenities, all within a lively and dynamic environment.

This apartment is perfect for those wanting to combine modern living with the tranquility of waterfront views. Contact Purple International Real Estate for more information or to reserve your place in this exclusive project.