€ 330 000

€ 3 976 / 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. 50749

Bedrooms

83 sq.m.

Square

Parameters

Property Description

This residential development is located in Agia Fyla, Limassol and is offered off-plan. The project comprises a total of eleven units, providing a limited residential setting.

The development includes a selection of one-, two- and three-bedroom apartments, designed to accommodate different residential needs. Each unit is planned with practicality in mind, offering essential features for everyday living.

The project also provides dedicated storage areas and parking spaces, ensuring convenience for residents.

The main features of the project and the units:
• 11 residential units
• One-, two- and three-bedroom apartments
• Off-plan development
• Storage rooms
• Parking

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