+ 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. 46881

2

Bedrooms

2

Bathrooms

76 sq.m.

Square

Parameters

Property Description

This new residential development is located in a prestigious school district of Agios Athanasios, offering a convenient and well-connected setting for comfortable everyday living. The building features security access fobs and a video-intercom system at the main entrance, ensuring a secure and welcoming environment for all residents. Each apartment includes a spacious balcony ranging from 25 to 88 m², along with private garden terraces that extend the living area and create an inviting outdoor space.
The project is situated close to the municipal park with a basketball court and provides sea views from selected areas of the building. Additional conveniences include alarm installation, provision for wall heating, optional floor heating, and provision for an electric vehicle charging station. Photovoltaic installation is also available as an option. The corner position of the building offers an open outlook and a bright interior atmosphere.

The main features of the project and the units:
• Prestigious school district location
• Security access fobs
• Video-intercom system
• Balconies 25–88 m²
• Garden terraces
• Close to municipal park
• Basketball court nearby
• Sea view
• Corner building
• Wall heating provision
• Optional floor heating
• Electric vehicle charging provision
• Alarm
• Optional photovoltaic system

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

Features

Storage room

Storage room

Car park

Car park

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2 Bedrooms

76 sq.m.

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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