€ 487 000

€ 6 165 / 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. 37691

Bedrooms

Bathrooms

79 sq.m.

Square

Parameters

Property Description

For sale: This modern two-bedroom, two-bathroom apartment offers a comfortable internal space of 79 m2 and is currently under construction, with completion scheduled for 2028. Located in the heart of Limassol Town Centre, it combines the convenience of city living with the comfort of a gated residential complex. Enjoy panoramic views from your home and benefit from an abundance of natural light.

The area of Limassol Town Centre is known for its vibrant atmosphere, cultural sites, trendy restaurants, shops, and easy access to business districts. Everything you need, from supermarkets to schools, is within walking distance. Excellent highway connections ensure that the rest of the city and surrounding areas are within easy reach.

Designed for your convenience and peace of mind, the complex features a central AC system, underfloor heating, communal swimming pool, gym, elevator, and secure entry. Energy efficiency A+ ensures lower utility costs. Furnishing is optional, allowing you to move in with ease or add your own personal touch.

This is an excellent opportunity for both living and investment. Contact Purple International Real Estate today for more information or to arrange a viewing.