+ 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 Parekklisia, Limassol, Cyprus No. 54160

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

Parameters

Property Description

Modern 1-3 Bedroom Apartments in Parekklisia, Limassol
Discover luxury and convenience in this new residential project featuring 1, 2, and 3-bedroom apartments across three modern buildings. Just 3 minutes from the highway and 6 minutes from the beach, it’s the perfect choice for comfortable living in a fast-growing area. Ideal for homeowners and investors alike!

Features

City view

City view

Solar panel for water heating

Solar panel for water heating

New project

New project

Private parking

Private parking

Similar Property

300 000

2 Bedrooms

83 sq.m.

+ VAT

300 000

2 Bedrooms

83 sq.m.

+ VAT

295 000

2 Bedrooms

83 sq.m.

+ VAT

295 000

2 Bedrooms

83 sq.m.

+ VAT

2 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 54160

2 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 54160

Features

Location

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

New project

New project

Indoor facilities

Private parking

Private parking

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