€ 350 000

€ 7 292 / 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%

1 bedroom Apartment in Agios Tychonas, Limassol, Cyprus No. 54814

Bedrooms

Bathrooms

48 sq.m.

Square

Parameters

Property Description

For sale off plan, this modern one-bedroom apartment offers an excellent opportunity for both homebuyers and investors. With an internal space of 48 m2, the property features one comfortable bedroom and a stylish bathroom. Positioned on the first floor of a three-storey building with elevator access, the apartment combines convenience with contemporary living.

Set within a gated complex, residents enjoy added security and peace of mind. Features include energy efficiency class A, underfloor heating for year-round comfort, and access to a communal swimming pool. The apartment also provides a sea view, creating a relaxing atmosphere both indoors and out.

Located in the desirable area of Agios Tychonas, this property benefits from a peaceful neighborhood known for its beautiful coastal setting and easy access to the beach. The area is well-connected, with the highway and a range of local amenities just a short distance away, making daily living straightforward and enjoyable.

Scheduled for completion in 2028, this apartment is perfect for those seeking a modern home or a smart investment in a sought-after location. For more details or to arrange a viewing, contact Purple International Real Estate.