€ 490 000

€ 5 632 / 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 Limassol, Cyprus No. 41767

Bedrooms

87 sq.m.

Square

Parameters

Property Description

Residential development, located in just 2km from Limassol Marina, Molos and the vibrant Limassol city center.

This project, features 9 apartments, including one with a private roof garden. Each apartment boasts spacious open-plan layouts, abundant natural light and high-end finishes.

Other specifications:

• En suite bathroom
• Fitted kitchen
• Covered parking
• Solar water heaters
• Elevator
• Electric parking gates
• Coloured video intercom
• Double glazed windows
• High ceilings
• Green Space.

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