€ 890 000

€ 9 175 / 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. 49311

Bedrooms

Bathrooms

97 sq.m.

Square

Parameters

Property Description

A new luxury residential complex featuring nine exclusive apartments across five levels, situated in one of Limassol’s most prestigious areas. Set in a quiet neighborhood near other high-end developments and public parks, it’s just two hundred meters from Limassol’s seafront promenade and its well-maintained beaches. Shops, restaurants, and various amenities along Limassol’s main seafront street are all within easy walking distance.

These apartments exemplify modern luxury, with 3-meter-high ceilings, premium material finishes, and built-in furniture and kitchens by the Italian brand Ortolani Gianfranco (Verona). Residents enjoy exclusive amenities, including a saltwater swimming pool, an outdoor exercise and yoga area, and landscaped gardens at ground level. Advanced systems include underfloor heating, concealed air conditioning, and an innovative air disinfection system.

Penthouse is available for rent: 10 000 Euro

The Project has EPC certificate with "A" Energy Efficiency Rating.