€ 415 000

€ 6 484 / 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%

1 bedroom Apartment in Kato Polemidia, Limassol, Cyprus No. 45094

Bedrooms

64 sq.m.

Square

Parameters

Property Description

The project consists of 43 one, two and three bedroom apartments together with four bedroom penthouses. This residence also boasts 10 three and four bedroom villas with generous spaces and modern design. Each residence has open plan with quality kitchen layouts, living and dining areas, and bathrooms and toilets are complemented with indulgent sanitary ware. The project is located in a beautiful suburban area of Limassol that boasts breathtaking panoramic views.

Other specifications:

• gated complex with indoor facilities: gym, pool and resident roof top terraces;
• Modern architecture;
• Spacious layouts;
• Provisions for underfloor heating;
• Close driving distance to the famous Heritage School;
• Penthouses with spacious roof terraces and Jakuzzis

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