€ 435 000

€ 4 485 / 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%

3 bedrooms Apartment in Erimi, Limassol, Cyprus No. 41396

Bedrooms

97 sq.m.

Square

Parameters

Property Description

Situated in the peaceful suburb of Erimi, Limassol, this contemporary residential development offers two low-rise buildings, each comprising six apartments across two floors. It is just a short drive from Limassol’s city centre and coastline.

All apartments are designed with bright, open-plan interiors and generous verandas. The top-floor three-bedroom apartments offer private roof gardens with an additional bathroom, storage space and provisions for a jacuzzi.

Each apartment benefits from a dedicated parking space and a private storage room.

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