2 bedrooms Apartment in Asomatos, Limassol, Cyprus No. 52902

Bedrooms

77 sq.m.

Square

€ 417 000

€ 5 416 / 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 residential development in the peaceful Asomatos area of Limassol, offering modern Mediterranean living. It is just minutes away from beaches, marinas, golf resorts and key city amenities.

The project includes both private villas and residential blocks. Residents benefit from landscaped communal spaces, playgrounds, wellness and fitness facilities and a secure gated environment.

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

Features

Common area with pool

2 Bedrooms

77 sq.m.

+ VAT

2 Bedrooms

77 sq.m.

+ VAT

2 Bedrooms

77 sq.m.

+ VAT

2 Bedrooms

77 sq.m.