+ 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. 49565

2

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This project is a brand-new sea view development located in a quiet residential area of Agios Athanasios, close to all amenities, banks, business offices, schools, just 2 minutes drive to the highway and yet only 15 minutes drive to the Mediterranean Sea. The development comprises of 2 Block of flats.

The main features of the project :

• Secured Parking Area
• Private Storage Rooms
• Modern External Design
• High End Finishes
• High Level of Quality
• Sea View
• Security Doors
• Video Phone Entry System
• Pressurized Water System
• Landscaped Greens Areas
• Two elevators

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

Features

Storage room

Storage room

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Features

Indoor facilities

Storage room

Storage room

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