€ 590 000

€ 7 662 / 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. 42681

Bedrooms

77 sq.m.

Square

Parameters

Property Description

A modern residential development, located in the vibrant city of Limassol. It comprises of 10 thoughtfully designed apartments, offering a choice of 1, 2 bedroom layouts and a 3 bedroom penthouse. Each apartment will have an allocated storage space and private parking.

The building is close to a variety of amenities, including cafes, restaurants, shops and entertainment options. Its prime location also provides easy access to the city's beautiful coastline.

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