2 bedrooms Apartment in Limassol, Cyprus No. 51605

Bedrooms

86 sq.m.

Square

€ 395 000

€ 4 593 / 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

A new, contemporary development is set to enhance urban living in the heart of the city of Limassol.

Comprising 9 unique apartments, carefully designed with a strong focus on comfort, quality, and functionality, this project seamlessly combines tranquility with immediate access to everything you need.

Ideally located in a prime central area, close to essential services, shops, and key city landmarks.

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

Features

Storage room

Car park

2 Bedrooms

86 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

86 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

86 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

86 sq.m.

+ VAT