€ 380 000

€ 5 067 / 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 Asomatos, Limassol, Cyprus No. 42611

Bedrooms

75 sq.m.

Square

Parameters

Property Description

The gated development comprises of 13 blocks, offering 1 and 2 bedroom apartments, alongside a clubhouse with a communal swimming pool, a private road with off-street parking, and private gardens along the public green area.

Each block features parking and storage for each apartment. The ground floor apartments benefit from large verandas and private gardens.

Other features:

• Open-plan living/dining and kitchen area
• Master bedroom with ensuite bathroom.

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