€ 179 000

€ 5 114 / 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%

Studio Apartment in Agios Athanasios, Limassol, Cyprus No. 41167

Studio

Bedrooms

35 sq.m.

Square

Parameters

Property Description

Located in the area of Agios Athanasios, this residential development comprises of 16 apartments, featuring studios, 1 and 2 bedroom apartments, as well as penthouses.

The project boasts views of the city and sea. Residents enjoy easy access to the highway, Limassol’s city center is only minutes away. Essential amenities are also within easy reach.

Designed with contemporary elegance and comfort in mind, this development elevates quality of life while presenting a compelling investment opportunity in Limassol’s flourishing property market. Its prime location, modern features and consistently high demand create strong prospects for capital appreciation and attractive rental yields.

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

Features

Car park

1 Bedrooms

35 sq.m.

+ VAT

Studio

35 sq.m.

+ VAT

Verified property

1 bedroom Apartment in Agios Athanasios, Limassol, Cyprus No. 55303

1 Bedrooms

1 Bathrooms

IV quarter, 2028

35 sq.m.

+ VAT

Studio

35 sq.m.

+ VAT