€ 710 000

€ 12 456 / 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%

1 bedroom Apartment in Neapolis, Limassol, Cyprus No. 52402

Bedrooms

Bathrooms

57 sq.m.

Square

Parameters

Property Description

For sale is a modern one-bedroom apartment in the sought-after area of Neapolis. This exciting new development is currently under construction and offers a spacious internal area of 57 m², perfect for comfortable living. The apartment features a well-designed bedroom, a stylish bathroom, and contemporary finishes throughout.

Located on the seafront, this property boasts panoramic views of the sea, making it an ideal choice for those who appreciate beautiful scenery. The building is equipped with an elevator for convenience and security. Residents will enjoy excellent facilities including a communal swimming pool, a fully equipped gym, and a relaxing jacuzzi.

Neapolis is a vibrant and lively area, known for its easy access to a variety of amenities such as shops, restaurants, cafes, and public transport. The neighborhood combines the charm of coastal living with the convenience of city life, offering a pleasant environment for residents.

This exceptional apartment is advertised exclusively by Purple International Real Estate. It is an excellent opportunity to invest in a prime seafront location and enjoy a modern lifestyle in a growing community.