€ 270 000

€ 3 600 / 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 Parekklisia, Limassol, Cyprus No. 40992

Bedrooms

75 sq.m.

Square

Parameters

Property Description

The development embodies quiet elegance, modern architecture and a refined Mediterranean lifestyle. Nestled in the residential area of Parekklisia, the project blends clean minimal volumes, warm wooden textures, integrated ambient lighting and thoughtfully landscaped surroundings to create a timeless living experience.

From the façades to the private outdoor spaces, every detail is designed to elevate daily life.

The project includes four modern houses and eight apartments, offering a complete mix of private villa living and contemporary residential units.

The Project has EPC certificate with "A" Energy Efficiency Rating.