2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 51074

Bedrooms

81 sq.m.

Square

€ 405 000

€ 5 000 / 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%

Parameters

Property Description

Offering premium 1, 2, and 3-bedroom apartments, the project is designed for those who want the city at their doorstep.

The 3 storey building boasts a selection of spacious apartments, located in Limassol, Agios Athanasios area. All units feature interior design elements and a combination of quality building materials.

Main features:

• 14 apartments including four penthouses, the three are with roof gardens
• Gated community
• Concealed units for heating and cooling
• Video entry system
• Quality branded sanitary fittings
• Photovoltaic system for each apartment
• Private swimming pool for the 3 bedroom apartment.

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