+ 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%

1 bedroom Apartment in Agios Ioannis, Limassol, Cyprus No. 58577

1

Bedrooms

1

Bathrooms

52 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

This modern residential complex is located in a quiet and convenient area of Agios Ioannis, Limassol. The development offers a selection of contemporary 1- and 2-bedroom apartments, designed to provide comfortable and modern living.
The ground floor also features a versatile commercial space, suitable for use as a cozy shop or a modern office, adding extra functionality and convenience to the development.
Ideally located just minutes away from local schools, Limassol Marina, shopping facilities, and other essential amenities, the complex offers an excellent balance between peaceful residential living and easy access to the city.
Combining modern architecture, quality living spaces, and a convenient location, this development is situated close to the vibrant Limassol Marina and the charming Old Town, making it an ideal choice for both permanent residence and investment.

Features

City center

City center

City view

City view

Off-plan development

Off-plan development

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1 bedroom Apartment in Agios Ioannis, Limassol, Cyprus No. 58577

1 bedroom Apartment in Agios Ioannis, Limassol, Cyprus No. 58577

Features

Location

City center

City center

City view

City view

Features

Off-plan development

Off-plan development

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