€ 355 000

€ 7 100 / 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. 37845

Bedrooms

Bathrooms

50 sq.m.

Square

Parameters

Property Description

For sale: Modern off-plan apartment located on the 2nd floor of a three-story building with an elevator. This one-bedroom, one-bathroom apartment offers a comfortable internal space of 50 m². It is found within a secure gated complex in the heart of Limassol Town Centre.

Limassol Town Centre is known for its vibrant atmosphere, with a mix of shops, cafes, and restaurants all just a short walk away. The area combines business and leisure, making it ideal for those who enjoy city living. You will have easy access to transportation, schools, and cultural attractions.

The apartment is designed with energy efficiency class A, ensuring lower utility costs and a comfortable environment year-round. Features include underfloor heating, a city view, and access to the complex's communal swimming pool and fully equipped gym. The property is sold unfurnished, allowing you to add your personal touch.

This is a great opportunity for both homeowners and investors looking to own a property in one of the most desirable areas of the city. Contact Purple International Real Estate today to learn more about this exciting development.