+ 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 Agios Athanasios, Limassol, Cyprus No. 41755

2

Bedrooms

77 sq.m.

Square

Parameters

Property Description

New complex in the area of Agios Athanasios, Limassol. Convenient location, easy access to the highway. High quality of construction and finishing materials. The complex has a communal swimming pool, gym and sauna.

The three-bedroom penthouse in this project has sea and city views. It consists of an open-plan kitchen connected with a dining and living area, 3 bedrooms and a family bathroom. Upstairs, there is a spacious roof garden with BBQ area. It has an air conditioning system, underfloor heating, panoramic double-glazed windows, solar panels for hot water and photovoltaic for solar energy, an intercom system.

All apartments have an allocated storage room and a parking space.

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

Features

Storage room

Storage room

Car park

Car park

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77 sq.m.

+ VAT

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2 Bedrooms

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430 000

2 Bedrooms

77 sq.m.

+ VAT

430 000

2 Bedrooms

77 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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