€ 450 000

€ 5 556 / 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 Mesa Geitonia, Limassol, Cyprus No. 43394

Bedrooms

81 sq.m.

Square

Parameters

Property Description

The residential building, consisting of 1, 2 and 3 bedroom apartments is located in Mesa Geitonia area of Limassol. The location is excellent as it is located near medical facilities, schools, with easy access to main avenue leading to town center.

The apartments will have covered and uncovered verandas and the top floor penthouses will enjoy roof terraces and private swimming pools. Each apartment will be allocated a storage room and a parking space.

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