€ 530 000

€ 5 955 / 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 Limassol, Cyprus No. 47733

Bedrooms

Bathrooms

89 sq.m.

Square

Parameters

Property Description

This five-storey residential building is located on Antinoros Street in Germasogeia, one of the most prestigious areas of Limassol. The project consists of five two-bedroom apartments — one apartment per floor. It features a distinctive architectural style that combines concrete finishes with natural wood tones, adding a modern character to the neighborhood.

The main features of the project and the units:

• Five-storey residential building
• One two-bedroom apartment per floor
• Located in Germasogeia, Limassol
• Modern architecture with wood and concrete finishes

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