€ 395 000

€ 4 115 / 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%

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 44696

Bedrooms

96 sq.m.

Square

Parameters

Property Description

This project is located in a central area in Polemidia area, Limassol, in close proximity to the highway. It consists of 13 apartments. Each apartment will be allocated a covered parking.

All the materials, tiles and sanitary ware are of the high quality. It is ideal to satisfy even the most demanding clients who are seeking a special residence and therefore a better quality of life.

• Close to the highway
• Only 5-minutes’ drive to the center of Limassol
• Photovoltaics in common area
• Title deed for each apartment will be provided

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