€ 195 000

€ 3 900 / 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%

1 bedroom Apartment in Limassol, Cyprus No. 47052

Bedrooms

50 sq.m.

Square

Parameters

Property Description

These apartments offer an excellent opportunity for investment or a private residence. Located in a peaceful area, they provide easy access to various amenities while ensuring a comfortable and convenient lifestyle. Each unit comes with covered parking, making daily living practical and secure, and the location offers potential for guaranteed investment returns.

The main features of the project and the units:
• Excellent location
• Quiet neighborhood
• Easy access to various amenities
• Covered parking
• Guaranteed investment returns

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