€ 329 000

€ 5 062 / 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 Limassol, Cyprus No. 56350

Bedrooms

Bathrooms

65 sq.m.

Square

Parameters

Property Description

For sale is a modern off-plan apartment located on the first floor of a secure, gated complex in Katholiki. With a spacious internal area of 65 square meters, the apartment offers two comfortable bedrooms and two well-appointed bathrooms. The thoughtful layout ensures smooth flow between living spaces, and large windows allow for pleasant city views.

Katholiki is a sought-after urban area, popular for its central location and easy access to the main highway. Residents enjoy convenient proximity to various amenities including shops, cafes, schools, and public transport, making daily life both comfortable and efficient. The neighborhood combines a lively atmosphere with the comfort of a residential community.

This apartment boasts an energy efficiency rating of A and is designed with modern living in mind. Features include a central AC system, underfloor heating for year-round comfort, and an advanced elevator in the building. For buyers seeking flexibility, the apartment has an optional furnished package available.

Estimated for completion in 2029, this property is ideal for professionals, couples, or small families looking to invest in a growing urban area. For more information or to arrange a viewing, please contact Purple International Real Estate.