€ 260 000

€ 3 662 / 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 Trachoni, Limassol, Cyprus No. 49465

Bedrooms

Bathrooms

71 sq.m.

Square

Parameters

Property Description

A residential development in the southwest part of Limassol consists of three buildings, each with 16 apartments spread over four levels. Each floor includes one two-bedroom apartment and three one-bedroom apartments.

The project is located in a quiet residential area while remaining close to the city center, the beach, and various amenities. Residents will have access to private roads, landscaped gardens, a communal swimming pool, BBQ area, multiuse basketball and tennis court, open gym, and children’s playgrounds within the gated complex.

The main features of the project and the units:

• 3 residential buildings with 16 apartments each
• Layouts include one- and two-bedroom apartments
• Gated complex with private roads
• Landscaped gardens and communal swimming pool
• BBQ area
• Multiuse basketball and tennis court
• Open gym
• Children’s playgrounds
• Close to the city center, the beach, and local amenities

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