€ 410 000

€ 4 316 / 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 Limassol, Cyprus No. 56290

Bedrooms

Bathrooms

95 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

A luxury apartment located in a quiet residential area just a short distance away from the city centre and only a 15-minute drive to the beach yet close to all local amenities. Built with quality materials and luxury finishes, accentuating its contemporary design. It is bright and enjoys natural lighting and spacious living areas. Ideal for families and individuals who seek a comfortable living. A great investment for a way of living inside the city without the busy downtown rhythms.