€ 450 000

€ 5 233 / 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 Mesa Geitonia, Limassol, Cyprus No. 55810

Bedrooms

Bathrooms

86 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Contemporary design, giving great emphasis on indoor comfort and functionality as well as big veranda and private roof terrace. Situated in a quiet residential neighborhood, nearby a wide range of amenities, with direct access to the highway. Built to the highest standards with quality materials, luxury finishes, and naturally enlightened interiors offering an ultimate experience. Ideal for those seeking a valuable investment or a comfortable permanent living.