€ 760 000

€ 9 048 / 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. 50567

Bedrooms

84 sq.m.

Square

Parameters

Property Description

The project is ideally located just in 230 meters from Limassol’s seafront road and the Municipal Park, on a quiet one-way street that offers peace and privacy. At the same time, all essential amenities and both public and private schools are within close proximity, making it a perfectly balanced location for comfortable everyday living.

Main features:

• High ceiling
• Windows with double glazing
• Underfloor heating
• VRV system
• Provision for electric vehicle charging point
• Underground parking
• Dedicated storage rooms.

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