3 bedrooms Apartment in Limassol, Cyprus No. 54930

Bedrooms

104 sq.m.

Square

€ 880 000

€ 8 462 / 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

This boutique residential building designed for those who appreciate exclusivity, sophistication and modern convenience.

With only 12 apartments, the project invites to experience a lifestyle of privacy, comfort, and elegance.

Main features:

• High-quality European brand sanitary ware
• Thermal aluminum lift and slide doors (floor-to-ceiling height)
• High ceilings (+3m)
• Ambient entrance lighting
• Central VRV air-conditioning system
• Electric vehicle charging provision
• Face recognition entry video phone system
• Interior design consultation
• Energy-efficient heat pump boilers
• Sauna
• Swimming pool
• Fully equipped gym
• Study room for remote work.

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