€ 856 000

€ 7 712 / 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 Limassol, Cyprus No. 44702

Bedrooms

111 sq.m.

Square

Parameters

Property Description

The project is located in the residential area of Limassol and is just 1 km from the beach. All the necessary amenities are in walking distance from this development.

This gated complex will consist of 2 blocks with 1, 2, 3 and 4 bedroom apartments and penthouses with private roof gardens.

Each apartment will be allocated a storage room and 1 parking space.

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