+ 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 Agios Athanasios, Limassol, Cyprus No. 43234

2

Bedrooms

88 sq.m.

Square

Parameters

Property Description

Situated on the hill in Agios Athanasios area, the complex is only a few minutes away from the heart of Limassol and at the same time it enjoys the advantages of a tranquil and peaceful environment.
The great emphasis was given on indoor comfort and functionality as well as big verandas from which the residents will be able to enjoy the city and sea view. Furthermore, the main priority is to equip the buildings with quality materials and finishing standards.

Each apartment has its own covered parking space and private store room, while the central entrance of the building will be controlled by a video intercom system.

Other features:

• Underfloor heating (hot water circulation)
• Conseal aircondition in the living room
• Split unit airconditions in all other areas
• False ceilings in the living room with hidden lights
• Hot water circulation system.
• Security cameras with two week digital recording around the building and the entrance.

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

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