€ 290 000

€ 3 816 / 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 Kato Polemidia, Limassol, Cyprus No. 55356

Bedrooms

Bathrooms

76 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

We are pleased to offer this project in the area of Kato Polemidia
The building consists of 6 flats in total, it is located in a quiet neighborhood and it is surrounded by a great variety of amenities. The project features photovoltaic panels for each flat and the common areas alongside 1 covered parking and 1 storage space. The building will be Energy Efficiency A+ meeting the EU building standards. Additionally, it will have a gated parking space, smart Intercom system and an alarm and camera system for each flat.
Project will be delivered end of 2025.