€ 680 000

€ 6 602 / 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%

3 bedrooms Apartment in Limassol, Cyprus No. 55606

Bedrooms

Bathrooms

103 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern Whole-Floor Apartment for Sale – Agios Nektarios, Limassol.
Contemporary 3-bedroom whole-floor apartment in the heart of Agios Nektarios, Limassol, within a boutique building of only 3 apartments. Located on the 2nd floor, offering 103 sq.m. of internal space, a large veranda 30sq.m, city views, covered parking, and storage.
Built in 2025 (under construction), the apartment features A+ energy efficiency, photovoltaic panels, autonomous electric heating, air conditioning, solar water system, electric shutters, fiber internet, security door, and electric car charger. Walking distance to the seaside, city center, schools, shops, and cafés.
Price: €680,000