3 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 56410

Bedrooms

130 sq.m.

Square

€ 1 374 880

€ 10 576 / 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%

Parameters

Property Description

The project covers 21.200 s.q. meters of the area and will consist of 2 large infinity swimming pools with sea view, 1 swimming pool and playground for the kids, 11 villas, 9 townhouses and 81 apartment. The complex will enjoy an observation deck and fully equipped gym.

Each villa has its own unique architectural features, focusing on privacy and space. The houses are surrounded by greenery and landscaped gardens. The large floor-to-ceiling windows allow seamless connection between indoor and outdoor spaces.

All house owners will have their own private parking space and separate storage room. Private garden in additional to each house owner on the ground and the top floors.

The Project has EPC certificate with "B" Energy Efficiency Rating.