€ 2 523 000

€ 22 132 / 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 Tychonas, Limassol, Cyprus No. 56286

Bedrooms

Bathrooms

114 sq.m.

Square

Parameters

Property Description

This stunning, brand-new property, located steps from the beautiful azure coastline of Limassol, take island-living to a whole new level. Luxurious designs with spacious interiors that provide breathtaking views of the ocean. Comprising one, two, three, and four-bedroom apartments as well as duplexes and penthouses. A harmonious mix of contemporary design and paramount comfort. Using top quality building materials and finished to the highest of standards.