+ 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 Athanasios, Limassol, Cyprus No. 46376

2

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This residential development consists of eight apartments located in Agios Athanasios, Limassol. The project offers one-, two- and three-bedroom layouts designed to maximise natural light through large windows and spacious balconies with open views. The interiors combine modern design with practical living solutions, featuring open-plan living areas, modular kitchens, and quality fixtures and finishes. Durable materials and attention to finishing details are reflected throughout the residences.

The location provides quick access to the highway connecting major cities across Cyprus. Everyday amenities, including supermarkets, schools, cafés, and recreational facilities, are within easy reach. The area is undergoing active development and combines residential surroundings with convenient urban connectivity.

The main features of the project and the units:
• Eight apartments
• One-, two- and three-bedroom layouts
• Large windows and spacious balconies with open views
• Open-plan living areas
• Modular kitchens
• Quality fixtures and finishes
• Quick access to the highway connecting major cities
• Close proximity to supermarkets, schools, cafés, and recreational facilities

The project has an EPC certificate with “A” energy efficiency rating.

Features

Storage room

Storage room

Car park

Car park

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Outdoor features

Car park

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