+ 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%

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 54013

3

Bedrooms

3

Bathrooms

95 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Apartment for Sale in Kato Polemidia
This 1st floor off-plan apartment offers 95 sq.m. of interior space plus 23 sq.m. of covered verandas. It features 3 bedrooms, 3 bathrooms, a kitchen, and a spacious living room. The property includes a closed parking space of 15 sq.m. and a 2 sq.m. storage room.
Designed for comfort, it comes with air conditioning, double-glazed windows, and tile flooring. With an Energy Certificate A, it is equipped with solar panels and a photovoltaic system. The apartment also boasts city views and is accessible via an elevator.

Features

City view

City view

Solar panel for water heating

Solar panel for water heating

Elevator

Elevator

Private parking

Private parking

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+ VAT

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3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 54013

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 54013

Features

Location

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

Indoor facilities

Elevator

Elevator

Private parking

Private parking

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