+ 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 Parekklisia, Limassol, Cyprus No. 56015

1

Bedrooms

1

Bathrooms

53 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

2 bedroom maisonette for sale in the heart of Parekklisia, in the Limassol area. Each maisonette has private parking and a backyard. (Some have eyeliner for a private pool). All maisonettes are made in a modern design with an open plan, custom-made kitchen cabinets, built-in wardrobes in each bedroom, large double-glazed windows, covered verandas, guest bathroom and much more. Controlled gates to ensure maximum privacy and safety of residents. A large communal landscaped courtyard with a water playground and a recreation area for children.

Features

Mountain view

Mountain view

Beautiful view

Beautiful view

New development project

New development project

Private parking

Private parking

Swimming pool

Swimming pool

Similar Property

222 500

1 Bedrooms

53 sq.m.

+ VAT

222 000

1 Bedrooms

53 sq.m.

+ VAT

228 500

1 Bedrooms

53 sq.m.

+ VAT

229 500

1 Bedrooms

53 sq.m.

+ VAT

1 bedroom Apartment in Parekklisia, Limassol, Cyprus No. 56015

1 bedroom Apartment in Parekklisia, Limassol, Cyprus No. 56015

Features

Location

Mountain view

Mountain view

Beautiful view

Beautiful view

Features

New development project

New development project

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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