1 bedroom Apartment in Kato Polemidia, Limassol, Cyprus No. 54708

Bedrooms

55 sq.m.

Square

€ 180 000

€ 3 273 / 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

The project is located in the neighborhood of Polemidia. This modern residential building offers excellent living or investment opportunities as it is within walking distance to all necessary infrastructure. In addition, it is only 10 minutes away from the My Mall Limassol shopping mall and Casino.

The small size of the building gives the resident a unique feeling of exclusivity and security.

This contemporary design project consists of 17 two bedroom apartments with allocated store rooms.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Storage room

Car park

1 Bedrooms

55 sq.m.

+ VAT

1 Bedrooms

55 sq.m.

+ VAT

1 Bedrooms

55 sq.m.

+ VAT

1 Bedrooms

55 sq.m.

+ VAT