+ 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 Agios Tychonas, Limassol, Cyprus No. 55927

1

Bedrooms

1

Bathrooms

75 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Apartment For sale, floor: 5th, in Agios Tychonas. The Apartment is 75 sq.m. and it is located on a plot of 14,000 sq.m.. It consists of: 1 bedrooms (1 Master), 1 bathrooms, 1 wc, 1 kitchens, 1 living rooms and it also has 1 parkings (1 Closed). The property was built in 2023. Its heating is Autonomous with Heat pump, Underfloor heating, Air conditioning, Solar water system, Boiler, Ventilation system, Sound insulation, Thermal insulation are also available, it has Alluminum, Wooden frames with Double glazed windows, the energy certificate is: A+ and its floors are Tiles, Wooden. The property’s status is: New development, Excellent condition, it is close to Park, Sea, Seaside, Super Market, it has Park, Sea, Openness, City views view. The Apartment is Bright, Airy, Seaside, Luxury, Storage, Swimming pool, Garden, Security door, CCTV, Security cameras, Fire extinguishing system, Fire extinguishers, Internet, BBQ, Trees, Fiber line. Price: €750,000. Century 21 Cyprus

Features

First sea line

First sea line

Sea view

Sea view

City view

City view

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Good quality

Good quality

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1 bedroom Apartment in Agios Tychonas, Limassol, Cyprus No. 55927

1 bedroom Apartment in Agios Tychonas, Limassol, Cyprus No. 55927

Features

Location

First sea line

First sea line

Sea view

Sea view

City view

City view

Features

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Good quality

Good quality

New development project

New development project

Indoor facilities

Private parking

Private parking

Outdoor features

Barbecue area

Barbecue area

Garden

Garden

Park

Park

Swimming pool

Swimming pool

Supermarket

Supermarket

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