€ 588 000

€ 5 014 / 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 Agios Tychonas, Limassol, Cyprus No. 55795

Bedrooms

Bathrooms

117.26 sq.m.

Square

Parameters

Property Description

Nestled atop the western side of Santa Barbara Hill, a quiet hillside on the eastern side of Limassol. The design of buildings creates a façade that is both stunning aesthetically, but also highly functional and practical.
In a prime and exclusive area of Limassol, surrounded by the spectacular views of the Mediterranean Coastal Seaside, and the rolling green hills of Amathounta. embodies the epitome of luxury island living. Ensuring utmost privacy and convenience, the apartments are securely gated and accessible from two separate roads and offer easy access to the highway. Ideal property choice for those who are seeking a valuable investment.