€ 580 000

€ 7 250 / 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. 44959

Bedrooms

80 sq.m.

Square

Parameters

Property Description

The project is located in the central area of Limassol, not far from the beach. The project comprises of 1, 2 and 3 bedroom apartments. All the necessary apartments are in walking distance from the project. The apartments will have an allocated storage room as well as the covered parking space.

There will also be a communal pool.

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