€ 420 000

€ 5 000 / 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 Athanasios, Limassol, Cyprus No. 56217

Bedrooms

Bathrooms

84 sq.m.

Square

Parameters

Property Description

For sale: 1st-floor apartment in Agios Athanasios, 84 sq.m. plus 22 sq.m. covered verandas. The apartment includes 2 bedrooms, 2 bathrooms, a kitchen, a living room, and 1 closed parking space. Features include air conditioning, double-glazed windows, an A-rated energy certificate, and tiled floors. This new development is in excellent condition and is conveniently located near the mall and city center. Additional amenities: elevator and storage.