€ 5 700 000

€ 28 358 / 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%

4 bedrooms Apartment in Limassol, Cyprus No. 46089

Bedrooms

201 sq.m.

Square

Parameters

Property Description

These luxury apartments are located right in front of the Mediterranean Sea. Surrounded by water, this development enjoys uninterrupted views of the sea and the coastal city of Limassol. Just steps away from the beach, the residences epitomise the essence of ‘living on the sea’. The project offers a choice of two, three, four-bedroom apartments and duplexes with stunning views of the Mediterranean. The property is also in close proximity to the luxury dining, shopping and leisure facilities. The spacious apartments have covered terraces, uncovered verandas or sun-decks and residents benefit from communal swimming pools, private parking and storage space.

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