€ 356 000

€ 4 092 / 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. 55724

Bedrooms

Bathrooms

87 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Located in a quiet area in Limassol, close to all amenities, less than 10 minutes to the central shopping area of Limassol, and less than 5 minutes drive to My Mall, the new casino, and Lady’s Mile beach. . This modern 2-Bedroom Apartment is designed with high-end finishes and high-quality materials. Located on the first floor, and has an open plan living/dining area, 1 bathrooms, and covered parking. It is great as an investment to buy for a lifetime and live the most beautiful moments with your loved ones. All apartments with quality Floor Heating (water piping with quality Heat Pump).