€ 395 000

€ 4 115 / 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%

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 56229

Bedrooms

Bathrooms

96 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

The property is conveniently situated near a wide range of amenities and services.
Located in a quiet residential neighborhood on the third level of a four-storey apartment building.
The project is currently being built and will include all the amenities required to give the owner the best experience.
This an excellent option for anyone searching for a lovely, comfortable penthouse.