€ 2 200 000

€ 16 296 / 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. 50382

Bedrooms

135 sq.m.

Square

Parameters

Property Description

The three towers are located just in the heart of Limassol, within 130 meters from the sea. It offers a beachfront living and work. The buildings have sophisticated, urban design as well as the apartments. All the apartments and offices will have sea views. Members will have access to resident-only areas. There will be 24-hour security and concierge. The buildings will have a private underground parking. The residents of the buildings will be enjoying resident-only facilities like pool, bar, gym, spa, tennis court, garden and children’s play area, indoor pool, fitness suite and internal relaxation areas, restaurants, bars and shops.