2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 51874

Bedrooms

87 sq.m.

Square

€ 550 000

€ 6 322 / 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 complex comprises of nine apartments and two contemporary villas.

The project is an excellent investment opportunity for those looking to own a modern home in a prime location.

With all the necessary amenities and recreational spaces, along with cutting-edge features and security measures, the development is the perfect place for you to call home.

Situated in Agios Athanasios area of Limassol, this project offers residents a convenient and central location, with easy access to the highway and all necessary amenities.

The panoramic views of the residence are just a part of the relaxing lifestyle that will be attractive to its residents.

Communal amenities of the project:

• Fully equipped gym
• Changing bathrooms
• Outdoor pool with sunbeds
• Ping Pong and Pool Table
• Lounge and Snack area

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