€ 480 000

€ 5 517 / 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. 44768

Bedrooms

87 sq.m.

Square

Parameters

Property Description

This contemporary development will be located in Panthea, Limassol. The building’s design and elegant layout will add beauty to the neighbourhood. The building will accommodate 2 and 3 bedroom apartments with limitless natural light and beautiful views of Limassol’s coastline and the city. A fully equipped gym and a communal swimming pool will add comfort and sense of relaxation to the residents.

Each apartment will be assigned 2 parking spaces.

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