+ 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 Kato Polemidia, Limassol, Cyprus No. 55299

2

Bedrooms

1

Bathrooms

76 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

For sale: A ground-floor apartment in Kato Polemidia, featuring 76 sq.m. of living space and a 15 sq.m. covered veranda. This off-plan property includes 2 bedrooms, 1 bathroom, 1 kitchen, and 1 living room. It offers the convenience of one covered parking space and comes equipped with air conditioning. The apartment holds an energy certificate rated A, highlighting its energy efficiency. Located close to the mall and city center, it also provides additional storage space. Ideal for those looking for a modern and comfortable living environment in a prime location.
Delivery Date: June 2027

Features

Close to shopping malls

Close to shopping malls

City center

City center

New project

New project

Private parking

Private parking

Similar Property

250 000

2 Bedrooms

76 sq.m.

+ VAT

250 000

2 Bedrooms

76 sq.m.

+ VAT

250 000

2 Bedrooms

76 sq.m.

+ VAT

250 000

2 Bedrooms

76 sq.m.

+ VAT

2 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 55299

2 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 55299

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Features

New project

New project

Indoor facilities

Private parking

Private parking

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