€ 1 111 000

€ 7 824 / 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 Agios Tychonas, Limassol, Cyprus No. 45451

Bedrooms

142 sq.m.

Square

Parameters

Property Description

The project comprises four buildings atop the quiet hillside on the eastern part of Limassol. The buildings create a façade that is both attractive aesthetically, but also highly functional and practical. Its prime location on an elevated plane in one of Limassol’s most exclusive areas, surrounded by the views of the Mediterranean Sea and the rolling green hills of Amathounta, embodies the contemporary island living.

Each apartment is designed and positioned in such a way as to allow unobstructed views of the surrounding large open spaces, which feature a wealth of greenery and the ancient ruins of Amathounta nearby. Just beyond, the azure blue waters of the Mediterranean Sea sparkle within view, visible through the large windows and ample balconies, which stream in an abundance of natural light. Ensuring utmost privacy and convenience, the apartments are securely gated and accessible from two separate roads and offer easy access to the highway.

All four buildings will be surrounded by lush botanical landscape gardens. These gardens will add an element of rich greenery that will indulge the senses with fresh scents and colours.

Residents of the project can enjoy modern living, relaxing and unwinding at the communal outdoor pool, situated among the landscaped gardens. Sunbeds are available around the pool area for lounging, while there are also areas that are shaded by a pergola for those hours of the day when the sun gets a little bit too hot. Secure, controlled access adds an extra layer of safety and security to the premises.

The left block of the project can be sold as whole.

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