+ 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 Agios Athanasios, Limassol, Cyprus No. 45307

3

Bedrooms

104 sq.m.

Square

Parameters

Property Description

A contemporary building with modern apartments, ideal for families and individuals who want to live in a nice residential neighbourhood. The building is located within a short distance from schools and the beach, with easy access to all the areas of the city. The modern lines of the architecture of the building and the elegantly designed apartments, offer comfort and functionality, whereas the high quality building materials and standards in construction and durable contemporary finishes raise the standard of living. The project offers excellent location, quality construction, reliability in delivery and secure title deeds.

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

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