+ 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%

1 bedroom Apartment in Trachoni, Limassol, Cyprus No. 47007

1

Bedrooms

55 sq.m.

Square

Parameters

Property Description

A smart choice for both comfortable living and profitable investment. This contemporary residential project is ideally situated in a peaceful yet well-connected area of Trachoni, offering future owners guaranteed rental returns alongside the convenience of city and sea proximity.

Each apartment comes with a covered parking space and benefits from a location that combines tranquillity with quick access to Limassol’s city centre, essential services and the coastline. Offered at attractive prices and completely free of encumbrances, the building is open for inspection at any time, ensuring total transparency and confidence in your decision.

The main features of the project and the units:

- Located in Trachoni, Limassol

- Guaranteed rental income

- Covered parking space for each apartment

- Close to city centre and the sea

- Easy access to all services

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

Features

Car park

Car park

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Features

Outdoor features

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