€ 283 000

€ 5 241 / 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 Asomatos, Limassol, Cyprus No. 47861

Bedrooms

54 sq.m.

Square

Parameters

Property Description

This gated residential development consists of five low-rise blocks with a total of 84 units, offering studios as well as 1- and 2-bedroom apartments. The project is located in Asomatos, Limassol, within walking distance of the Salt Lake and close to Lady’s Mile beach. The area provides convenient access to daily amenities and leisure options, making it suitable both for investment and for permanent residence.

The main features of the project and the units:

• 84 units: studios, 1- and 2-bedroom apartments
• Five residential blocks
• Covered parking spaces
• Children’s playground
• Designer finishes included in the price
• New 18-hole golf course nearby

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

1 bedroom Apartment in Paphos, Cyprus No. 47879

1 Bedrooms

1 Bathrooms

54 sq.m.

+ VAT

1 bedroom Apartment in Paphos, Cyprus No. 47881

1 Bedrooms

1 Bathrooms

54 sq.m.

+ VAT

1 bedroom Apartment in Geroskípou, Paphos, Cyprus No. 49782

1 Bedrooms

54 sq.m.

+ VAT

1 Bedrooms

54 sq.m.

+ VAT