+ 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 Trachoni, Limassol, Cyprus No. 45337

2

Bedrooms

70 sq.m.

Square

Parameters

Property Description

The project offers a good selection of 1, 2 and 3-bedroom garden apartments and penthouses. Conveniently located southwest of the Limassol historic town center, in one of the city’s most upcoming and green areas.

The project is just a few minutes’ drive away from Limassol’s biggest Shopping Mall, the Fasouri Water Park, the British Sovereign Bases, the unspoiled beaches of Ladie’s Mile & Kourion amphitheatre, the international schools and next to the new planned Fassouri Golf Course. Over 75% of the area is allocated to the landscaped gardens, with meandering paths and ponds, which surround large free form swimming pools and separate children’s pool, Jacuzzi baths, and a children’s playground. A gated community with ample parking, a concierge service and high class finishes are all available with this property in Limassol.

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

Similar Property

397 000

2 Bedrooms

70 sq.m.

+ VAT

395 000

2 Bedrooms

70 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Larnaca, Larnaka, Cyprus No. 57196

380 000

2 Bedrooms

2 Bathrooms

IV quarter, 2020

70 sq.m.

378 000

2 Bedrooms

70 sq.m.

+ VAT

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more