€ 260 000

€ 5 200 / 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%

1 bedroom Apartment in Kato Polemidia, Limassol, Cyprus No. 43011

Bedrooms

50 sq.m.

Square

Parameters

Property Description

This project is located in central area at Kato Polemidia, Limassol, in close proximity to the highway. It consists of 6 spacious modern apartments, each with covered parking and storage.

All the materials, tiles and sanitary ware are of high quality. The development will satisfy even the most demanding clients who are seeking a special residence and therefore a better quality of life.

The building is only 5-minutes’ drive to the center of Limassol. It will have Photovoltaics in common areas.

Title deed for each apartment will be provided.

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