€ 290 000

€ 3 816 / 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. 47671

Bedrooms

Bathrooms

76 sq.m.

Square

Parameters

Property Description

This boutique residential project includes six high-quality apartments ideally located in a peaceful area of Polemidia. It offers the tranquility of a cul-de-sac combined with convenient access to the highway, providing quick connectivity to all parts of Limassol.

The entire development is also available for purchase as a whole, making it an attractive option for investment or development purposes.

The main features of the project and the units:

• Six high-quality residential apartments
• European laminate parquet in kitchen, living area, and bedrooms
• European ceramic tiles in bathrooms and balconies
• High quality European sanitary ware
• Thermal double glazing aluminum window frames
• High quality melamine carpentry with soft-closing systems by Cypriot company
• European natural granite splash-back and worktop
• Hidden rolling shutters in bedrooms
• Gated covered parking
• Smart intercom system
• Photovoltaic system 2.5 kWh for each apartment

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