€ 864 000

€ 7 784 / 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 Limassol, Cyprus No. 43130

Bedrooms

111 sq.m.

Square

Parameters

Property Description

A residential building with a choice of apartment in a tourist area of Limassol, just in 400 meters to one of the most popular beaches of the town. All of the apartments come with covered/uncovered verandas to enjoy the views of the neighbourhood. Each apartment will be allocated a storage room.

The residents of the complex will be able to enjoy the communal pool.

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