€ 495 000

€ 5 824 / 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. 56491

Bedrooms

Bathrooms

85 sq.m.

Square

Parameters

Property Description

For sale is a modern, under-construction apartment in Agios Nicolaos, offering 85 m2 of comfortable internal space. Located on the third floor of a four-story building with elevator access, this apartment features two well-sized bedrooms and one stylish bathroom. The space is unfurnished, giving you the freedom to design your home according to your taste.

The apartment is part of a secure, gated complex. Designed with energy efficiency in mind, it will be built to the highest Energy Class A standards, ensuring a comfortable living environment with lower utilities. Anticipated completion is in 2027, so you can look forward to a brand new home in a newly established community.

Agios Nicolaos is a sought-after area known for its blend of tranquility and accessibility. It offers easy access to the highway, making city travel simple. All essential amenities, including shops, schools, and services, are nearby, providing convenience for everyday living.

This property is an excellent choice for those looking for modern comfort and a prime location. For more information or to arrange a viewing, please contact Purple International Real Estate.