3 bedrooms Apartment in Limassol, Cyprus No. 53071

Bedrooms

Bathrooms

132 sq.m.

Square

€ 495 000

€ 3 750 / 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 brand-new, ready-to-move-in apartment is set in a superb location in Linopetra, Agios Athanasios, Limassol. Located on the 1st floor, it offers 132 m² of space with 3 bedrooms and 2 bathrooms, comes semi-furnished and is partly fitted with air conditioning. Water and electricity are already connected, so the apartment is available for immediate delivery.

Residents enjoy a communal swimming pool and garden, while the apartment also comes with a balcony, a covered parking space and a storage room; the building is served by an elevator. Please note: this is a fast sale for cash buyers only — bank loans/mortgages are not accepted.

The main features of the project and the units:

• 3 bedrooms
• 2 bathrooms
• Property area 132 m²
• 1st floor
• Brand new, ready to move in
• Semi-furnished
• Air conditioning (partly)
• Communal swimming pool
• Garden
• Balcony
• Covered parking
• Storage room
• Elevator
• Water and electricity connected
• Cash buyers only (bank loan/mortgage not accepted)

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