€ 240 000

€ 3 000 / 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%

2 bedrooms Apartment in Trachoni, Limassol, Cyprus No. 53956

Bedrooms

Bathrooms

80 sq.m.

Square

IV quarter, 2029

Completion date

Parameters

Property Description

This modern two floor development is located in the rapidly growing area of Trachoni, Limassol, offering a perfect blend of tranquility and accessibility. Just minutes from the highway and close to Limassol’s Mall, it is surrounded by major developments such as the City of Dreams, a new Golf Club, and high-profile residential and commercial projects—making it an excellent opportunity for homeowners and investors. Delivery quarter 3 of 2029