€ 470 000

€ 5 109 / 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 Agios Tychonas, Limassol, Cyprus No. 54801

Bedrooms

Bathrooms

92 sq.m.

Square

Parameters

Property Description

This is a unique opportunity to purchase a modern, off-plan apartment in the sought-after area of Agios Tychonas. Offering 92 square meters of internal space, this ground floor duplex apartment includes two spacious bedrooms and two contemporary bathrooms. Designed for comfortable living, it features energy efficiency class A, underfloor heating, and access via elevator.

The property is set within a secure, gated complex that boasts a communal swimming pool and landscaped surroundings. Large windows fill the apartment with natural light and provide refreshing sea views. Enjoy the convenience of being close to the highway, making travel easy, while a range of local amenities, including shops, cafes, and services, are only moments away.

Agios Tychonas is known for its peaceful ambiance, beautiful beaches, and a blend of modern residences with traditional charm. It is a popular choice for residents seeking tranquility while remaining close to leisure options and transportation links.

Built to the highest standards and scheduled for completion in 2028, this is an excellent investment for both personal use and rental opportunities. For more information or to arrange a viewing, contact Purple International Real Estate today.