1 bedroom Apartment in Agios Athanasios, Limassol, Cyprus No. 53063

Bedrooms

Bathrooms

50 sq.m.

Square

€ 315 000

€ 6 300 / 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 stylish one-bedroom apartment is set in Agios Athanasios — one of Limassol’s most convenient residential areas, close to the city yet away from the noise. Located on the 2nd floor, it offers 50 m² of covered internal area plus a 6 m² covered veranda — the perfect spot for morning coffee with a sea view.

A key advantage of the apartment is the underfloor heating, complemented by air conditioners for year-round comfort. The property also comes with a covered parking space, a storage room and access to a common swimming pool — all the essentials for comfortable living or a smart investment.

The main features of the project and the units:

• Underfloor heating
• 1 bedroom
• 1 bathroom
• Covered internal area 50 m²
• Covered veranda 6 m²
• 2nd floor
• Sea view
• Air conditioners
• Common swimming pool
• Covered parking space
• Storage room

The project has an EPC certificate with "A" energy efficiency rating.