€ 500 000

€ 5 682 / 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. 54803

Bedrooms

Bathrooms

88 sq.m.

Square

Parameters

Property Description

For sale off plan is a modern ground-floor apartment in Agios Tychonas, offering a spacious 88 m2 of internal living space. The property features two comfortable bedrooms and two stylish bathrooms, designed to provide convenience and privacy. The building is equipped with an elevator for easy access.

This apartment is set in a secure, gated complex, ensuring peace of mind and an exclusive lifestyle. Residents will enjoy top-class amenities such as underfloor heating for year-round comfort and a communal swimming pool perfect for relaxing or socializing. The apartment boasts an Energy Efficiency A rating, making it both eco-friendly and cost-effective.

Agios Tychonas is a sought-after area known for its tranquil environment, beautiful scenery, and easy access to the coastline. The location offers lovely sea views and is close to the highway, making commuting simple. All essential amenities, including shops, cafes, and services, are just a short drive away, offering both convenience and quality of life.

This apartment, to be completed in 2028, is an excellent investment or home. For more information, please contact Purple International Real Estate.