€ 410 000

€ 7 455 / 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. 48001

Bedrooms

55 sq.m.

Square

Parameters

Property Description

This residential development is located in Moutagiaka, Limassol, just a minute from the beach and two minutes from the highway. The gated project consists of five levels and includes 18 apartments with one, two, and three-bedroom layouts. Each unit has access to private storage in the basement, covered parking, and panoramic Mediterranean Sea views.

Residents have access to shared amenities, including an outdoor swimming pool, a fully equipped gym, and an elegant lobby area. The apartments are designed to maximize natural light and sea views, featuring spacious layouts and high-quality finishes.

The main features of the project and the units:

• 18 apartments with 1, 2 & 3 bedrooms
• Five levels plus basement and roof gardens
• Panoramic Mediterranean Sea views
• Gated entry
• Outdoor swimming pool
• Fully equipped gym
• Elegant lobby area
• Private storage for each unit
• Covered parking for all residents

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