€ 399 000

€ 4 988 / 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 Limassol, Cyprus No. 43892

Bedrooms

80 sq.m.

Square

Parameters

Property Description

The project is located on a hill overlooking the sea. It consists of only 9 apartments and 2 townhouses.

Features of the project:

• smart layout with preserved sea views for all apartments;
• premium design and turnkey finishes;
• covered parking and storage for each apartment;
• high quality building materials, tiles, sanitary ware;
• VRV air-conditioning system/floor heating.

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