€ 565 000

€ 4 708 / 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 Mesovounia, Germasogeia, Limassol, Cyprus No. 56240

Bedrooms

Bathrooms

120 sq.m.

Square

Parameters

Property Description

This asset is nestled in a carefully selected, quiet, and safe neighborhood in one of the most prestigious areas of Limassol, Mesovounia.
Located just 1 km away from the best sandy beaches of the tourist area and Limassol’s best leisure spots, banks, pharmacies, and food stores.
This apartment combines the highest technical specifications with the finest interiors.
The building offers an outdoor swimming pool, secure double underground parking, a gym, and a sauna, also this property
includes a separate studio, and also a photovoltaic system.
Perfect for a small family or a new couple who wants to start a new chapter in their lives, a valuable investment.