€ 550 000

€ 6 707 / 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 Neapolis, Limassol, Cyprus No. 54622

Bedrooms

Bathrooms

82 sq.m.

Square

Parameters

Property Description

For sale: Modern two-bedroom, two-bathroom apartment in the sought-after area of Neapolis. Located on the second floor of a four-story building with an elevator, this property offers 82 m² of well-designed internal space. Construction is currently underway, with completion expected in 2027. The apartment enjoys a fresh, contemporary style and benefits from an energy efficiency rating of A, ensuring comfortable living while saving on your utility bills. A central AC system provides climate control throughout the year.

Neapolis is a vibrant and welcoming neighborhood known for its convenient access to shops, cafes, supermarkets, and other everyday amenities. The area is popular with residents who appreciate its mix of quiet residential streets and lively local atmosphere, along with excellent walking links to parks and the coastline.

The apartment is situated within a gated complex, offering both security and a sense of community. Optional furnishing packages are available to help you move in with ease, whether you are purchasing as your new home or as an investment property. Discover the quality and lifestyle offered by this exciting development.

This property is proudly offered for sale by Purple International Real Estate. Contact us today for more information or to schedule a viewing.