+ 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 Parekklisia, Limassol, Cyprus No. 55516

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

This project is crafted to embody quiet elegance, modern architecture and a refined Mediterranean lifestyle. Nestled in the serene residential area of Pareklissia, the project blends clean minimal volumes, warm wooden textures, integrated ambient lighting and thoughtfully landscaped surroundings to create a timeless living experience.
From the façades to the private outdoor spaces, every detail is designed to elevate daily life, calm, beautiful and effortlessly luxurious.
The project includes four modern houses and eight well-designed apartments, offering a complete mix of private villa living and contemporary residential units arranged across the first and second levels.
Delivery date: End of 2028

Features

Off-plan development

Off-plan development

Garden

Garden

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+ VAT

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2 Bedrooms

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2 Bedrooms

2 Bathrooms

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2 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 55516

2 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 55516

Features

Features

Off-plan development

Off-plan development

Outdoor features

Garden

Garden

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