€ 495 000

€ 5 690 / 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. 37801

Bedrooms

Bathrooms

87 sq.m.

Square

Parameters

Property Description

This two-bedroom apartment on the third floor of a gated complex in Agios Nicolaos is currently under construction and will be completed in 2027. The 87 m² interior comprises two bedrooms and two bathrooms, with modern finishes and an energy efficiency rating of A. The unit sits on the third of four floors and benefits from elevator access.

Both bedrooms open from the main living area, with the master bedroom and second bedroom each serving separate purposes. The two bathrooms provide convenient access throughout the apartment. Large windows frame views over the city, allowing natural light through the living spaces.

The property sits within a gated complex offering security and controlled access. Parking is available within the development. The location places the apartment close to the highway for commuter access and within proximity of everyday shopping, dining and services.

Contact Purple International Real Estate to arrange a viewing or reserve your unit before completion.