€ 285 000

€ 3 800 / 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 Kato Polemidia, Limassol, Cyprus No. 46973

Bedrooms

75 sq.m.

Square

Parameters

Property Description

This contemporary residential development offers a selection of one-, two- and three-bedroom apartments designed for comfortable urban living. Set in a highly desirable location, the building is situated next to a major university campus, providing strong appeal for both homeowners and investors. Residents benefit from quick access to a wide range of amenities, as well as convenient connectivity to key areas of the city. Each apartment comes with a covered parking space, ensuring everyday practicality and comfort.

The main features of the project and the units:
• 1–3 bedroom apartments
• Central Limassol location
• Next to university campus
• Easy access to amenities
• Covered parking

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