2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 51652

Bedrooms

72 sq.m.

Square

€ 520 000

€ 7 222 / 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

This residential development in Agios Athanasios has unobstructed sea-view apartments and such common facilities as a swimming pool, gym and sauna.

The complex will consist of studios, apartments and 6 Penthouses.

TURNKEY FINISHES:

• Semi-solid parquet floors in each room
• Marble floors and walls in toilets & bathrooms
• High ceilings (2.90-3.20m)
• Security entrance doors
• Provision for underfloor heating
• Provision for VRV A/C
• High quality sanitary wear from European brands
• Double glazed thermal aluminium window frames
• High-quality kitchen cabinets from Italy
• High quality wardrobes from European brands

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