€ 435 000

€ 4 833 / 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. 42192

Bedrooms

90 sq.m.

Square

Parameters

Property Description

This new residential development, consisting of 2 blocks of apartments with 2 bedrooms, is located in Panthea, Limassol.

Some of the specifications are:

• Underfloor heating (full installation)
• Photovoltaic System
• Concealed air-condition in the living room (full installation)
• Split unit air-conditions in all other areas (full installation)
• False ceilings in the living room with hidden lights
• Hot water circulation system
• Close circuit TV with one week digital recording.
• Electrical rolling shutters in the bedrooms.

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