€ 390 000

€ 4 875 / 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. 44365

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This residential building is located in the convenient area, with all the daily amenities being in close proximity from the project.

The building will consist of 2 bedroom apartments with spacious verandas. Each apartment will be allocated 2 storage rooms and a parking space.

The construction includes:

• Photovoltaic system
• German insulation
• Solar panels
• Waterproof parquet with a lifetime warranty
• Insulated bricks and windows
• Galvanized gates

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