€ 470 000

€ 4 234 / 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 Parekklisia, Limassol, Cyprus No. 50973

Bedrooms

111 sq.m.

Square

Parameters

Property Description

This complex of villas with 3 and 4 bedrooms and three whole floor apartments is located in beautiful Parekklisia area, in Limassol. All villas will enjoy their spacious plots, verandas and some of them will have their private swimming pools.

The complex has a gated entrance which guarantees the privacy and security for the residents of the complex.

The parking is provided for each villa as well as the apartment.

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