€ 345 000

€ 4 423 / 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 Parekklisia, Limassol, Cyprus No. 44672

Bedrooms

78 sq.m.

Square

Parameters

Property Description

This project will consist of 3 new buildings located in the residential and convenient area of Parekklisia, Limassol. Composed of 1, 2 and 3 bedroom apartments (penthouses with roof terraces) and strategically located at just 3 minutes from the highway and 6 minutes from the beach, this development will be an excellent choice for making it a permanent home. The Project has EPC certificate with "B" Energy Efficiency Rating.

Features

Storage room

Car park

2 Bedrooms

78 sq.m.

+ VAT

2 Bedrooms

78 sq.m.

+ VAT

2 Bedrooms

78 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

78 sq.m.

+ VAT