€ 750 000

€ 13 158 / 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. 41207

Bedrooms

57 sq.m.

Square

Parameters

Property Description

This residential tower, ideally located just steps from the coastline of Limassol, takes island-living to a whole new level. Surrounded by five-star luxury hotels, designer boutiques, first-rate restaurants and cafés, residents can take advantage of all that Limassol has to offer.

Facilities:

• Wellness
• Sauna
• Fitness center
• Co-working area
• Heated indoor pool
• Steam room
• Residents lounge
• Private event area
• Jacuzzi area
• Massage room
• Private cigar club
• Kids play area.

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