€ 475 000

€ 5 588 / 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. 56488

Bedrooms

Bathrooms

85 sq.m.

Square

Parameters

Property Description

For sale: This modern apartment offers 85 m² of comfortable living space and is currently under construction, with completion set for 2027. Located on the first floor of a four-story building with an elevator, the apartment features two spacious bedrooms and a well-designed bathroom, making it an excellent choice for small families or couples. The property is unfurnished, allowing you to tailor the space to your taste and style.

The development is a gated complex, ensuring privacy and security for residents. It is energy efficient, with an A rating, helping you save on energy bills while caring for the environment. The location in Agios Nicolaos is highly sought after, known for its pleasant atmosphere, greenery, and convenient access to both essential services and recreational spaces. The area has a friendly community feel, with shops, cafes, and schools nearby.

Commuting is easy with quick access to the highway, making travel to nearby towns simple and stress-free. This modern apartment is perfect for those looking for a blend of style, location, and practicality. For more information or to arrange a viewing, contact Purple International Real Estate.