€ 260 000

€ 4 906 / 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 Ioannis, Limassol, Cyprus No. 55276

Bedrooms

Bathrooms

53 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

This modern residential project is situated in a prime and rapidly developing business area of Limassol. The thoughtfully designed four-story building features 14 one-bedroom and 6 two-bedroom apartments, offering a blend of elegance, comfort, and functionality. Residents can enjoy a range of amenities designed for sport, work, and relaxation.
A-class energy efficiency, the project uses high-quality materials that promote durability and environmental sustainability. Delivery Q2 2027