€ 360 000

€ 7 059 / 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 Limassol, Cyprus No. 55615

Bedrooms

Bathrooms

51 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

This modern first-floor apartment in the sought-after Neapoli area of Limassol City offers 51 sq.m. of thoughtfully designed living space. Currently under construction, the property features one spacious bedroom, one contemporary bathroom, a stylish kitchen, and a bright living room ideal for comfortable everyday living. It includes one closed parking space, ensuring security and convenience. The apartment boasts high energy efficiency with an A energy certificate, underfloor heating, air conditioning, and a solar water system. Quality finishes such as tile and marble flooring enhance its elegant appeal. Additional benefits include an elevator, private storage room, security door, and CCTV system, making it an excellent choice for modern urban living or investment.
Delivery Date: March 2028