+ 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 Kato Polemidia, Limassol, Cyprus No. 44946

2

Bedrooms

89 sq.m.

Square

Parameters

Property Description

The complex consists of 2 blocks of apartments and a detached 2 bedroom villa with a private garden.

The two buildings consist of the different interior layout apartments. Every apartment is marked by its generous spaces and home comfort, and all enjoy the privilege of quiet relaxation.

The location of the buildings offers easy access to the city and the highway and the peaceful neighborhood gives off a cozy suburban vibe. Residents benefit from the convenience of being nearby a shopping center, a local school, ship management offices, the upcoming casino resort. Limassol Marina and the city’s main commercial port are also nearby.

Other specifications:

• Spacious open-plan kitchen, living room and dining area
• Built-in wardrobes
• Quality ceramic floor tiles
• Laminate floors in bedrooms
• European sanitary ware
• Double glazed windows and veranda doors
• Fully installed air-conditioning and heating
• Water pressure system
• Solar heating system for hot water
• Main entrance with intercom system
• Large verandas
• Private storage room on the ground floor
• Private car park

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

Features

Storage room

Storage room

Car park

Car park

Similar Property

334 000

2 Bedrooms

89 sq.m.

+ VAT

339 000

2 Bedrooms

89 sq.m.

+ VAT

339 000

2 Bedrooms

2 Bathrooms

89 sq.m.

+ VAT

340 000

2 Bedrooms

89 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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