€ 485 000

€ 5 706 / 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. 56489

Bedrooms

Bathrooms

85 sq.m.

Square

Parameters

Property Description

For sale: Modern 2-bedroom apartment under construction in the vibrant area of Agios Nicolaos. Offering 85 m² of internal space, this property features a spacious open-plan living area, two comfortable bedrooms, and a stylish bathroom. Situated on the second floor of a four-story building with an elevator, it provides easy access for all residents.

The apartment is part of a secure gated complex, ensuring privacy and peace of mind. Its energy efficiency rating A ensures low utility costs and a comfortable living environment year-round. The property is delivered unfurnished, giving buyers the freedom to design and furnish the space to their personal taste.

Agios Nicolaos is a sought-after residential neighborhood known for its friendly community atmosphere and convenience. Residents benefit from easy access to the nearby highway, making commuting simple. The area is well-served by shops, cafes, schools, and essential amenities, all within close reach, offering a comfortable and practical lifestyle.

Expected to be completed in 2027, this apartment presents an excellent opportunity for families, professionals, or investors looking for a modern home in a prime location. For more information, contact Purple International Real Estate.