€ 385 000

€ 4 010 / 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%

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 43123

Bedrooms

96 sq.m.

Square

Parameters

Property Description

This modern three floor development offers the blend of tranquillity and easy accessibility, being just minutes away from the highway and close to Limassol’s Mall.

The development is close to the City of Dreams, a new Golf Club and numerous residential and commercial projects.

The building features 6 apartments. Each ensures contemporary style and comfort. Large balconies extend the indoor space, allowing residents to enjoy the outdoor views. The 3rd floor apartments come with their own private roof gardens and swimming pools.

Each apartment has a storage room and 1 parking space while the top floor apartments get to use 2 parking spaces.

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