€ 450 000

€ 5 294 / 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 Agios Athanasios, Limassol, Cyprus No. 43536

Bedrooms

85 sq.m.

Square

Parameters

Property Description

This project is offering a modern living and will be built to high standards with prominent use of wood, marble and glass to take advantage of the breathtaking views of the Mediterranean. The project will consists of 11 apartments with 3 apartments on each floor plus two penthouses on the fourth floor with rooftop gardens, BBQ areas and private swimming pools for relaxation and entertainment.

The development will have entry video phone system and a gated parking area.

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