€ 476 000

€ 5 950 / 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 Agios Athanasios, Limassol, Cyprus No. 48767

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This residential development is located in the central area of Agios Athanasios, Limassol, just one minute from the highway, offering direct access to the city's main routes. The building consists of 12 residential units, including a mix of one-bedroom apartments, one-bedroom studios, and two-bedroom apartments.

The architectural design emphasizes clean lines and efficient use of space, with each unit including private outdoor areas such as verandas or roof terraces. The complex is gated and equipped with CCTV, and residents benefit from designated storage rooms and landscaped communal areas.

Photovoltaic panels are integrated to support energy-saving efforts, and the project’s location allows quick access to the city center, coastline, and surrounding infrastructure, making it suitable for both residential use and investment.

The main features of the project and the units:

• Located in Agios Athanasios, Limassol
• Total of 12 residential units
• 3 one-bedroom apartments
• 3 one-bedroom studios
• 6 two-bedroom apartments
• Gated complex with CCTV
• Roof gardens and private verandas
• Storage areas for residents
• Photovoltaic panels for energy efficiency
• Landscaped green areas
• 5 minutes to the Mediterranean Sea
• 5 minutes to Limassol city center
• 1 minute to the nearby tourist zone with hotels and restaurants

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