€ 260 000

€ 2 989 / 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 Trachoni, Limassol, Cyprus No. 47012

Bedrooms

87 sq.m.

Square

Parameters

Property Description

Experience upscale living in a highly desirable area of Limassol, just minutes from the excitement of Fasouri Watermania waterpark and the extensive shopping and entertainment options of one of the city’s largest malls. This elegant residential building offers a rare combination of convenience, comfort and contemporary style in a sought-after location.

Each apartment is finished to the highest standards and comes with the essential benefit of a covered parking space. Free from any encumbrances, the property is ready for immediate ownership and represents excellent value in today’s market. Inspections are welcome at any time, giving you complete confidence in your purchase.

The main features of the project and the units:

- Short distance to Fasouri Watermania waterpark

- Close to major shopping and entertainment mall

- Covered parking space included

- Clear title with no encumbrances

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