2 bedrooms Apartment in Limassol, Cyprus No. 56452

Bedrooms

75 sq.m.

Square

€ 398 000

€ 5 307 / 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 offers 9 comfortable apartments of two and three bedrooms each as well as two beautifully integrated garden apartments.

Turnkey finishes:

• High-quality ceramic tiles in living room
• Laminate flooring in bedrooms
• Quality ceramic tiles in bathrooms and toilets
• Double glazing aluminium window frames
• High quality entrance doors
• Provision for A/C split units in all rooms
• Sanitary ware from European brands
• High quality kitchen and wardrobes from European brands
• Countertops made of artificial granite
• High ceilings (2.90 - 3.20m)

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