€ 1 050 000

€ 8 468 / 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%

3 bedrooms Apartment in Limassol, Cyprus No. 49810

Bedrooms

124 sq.m.

Square

Parameters

Property Description

This block of apartments is perfectly positioned in the heart of Limassol's tourist area, not far from the captivating sea. With four floors and a roof garden, this residence offers 14 well designed apartments. The apartments will have carefully designed high-quality kitchens and sanitary ware, complementing the overall elegance of the apartments.

The penthouses provide a truly elevated lifestyle. Enjoy the roof terraces, completed with private over the edge swimming pools, where you can relax with panoramic vistas of the city and the Mediterranean sea all year round.

The development will also have the gym and a sauna.

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