€ 475 720

€ 4 364 / 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%

3 bedrooms Apartment in Apostolos Andreas, Limassol, Cyprus No. 58578

Bedrooms

Bathrooms

109 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

This modern residential complex in the Apostolos Andreas area of Limassol is an excellent choice for comfortable living or a profitable investment opportunity.
The development offers thoughtfully designed apartments with comfortable living spaces, spacious verandas, and modern finishes, creating an ideal environment for everyday living. Each apartment also benefits from its own private parking space and storage room.
The location offers an excellent combination of urban convenience and a relaxed Mediterranean lifestyle. Situated within easy reach of the sea and beautiful beaches, residents can enjoy everything Limassol has to offer. The surrounding area features a variety of modern cafés, restaurants, shops, and essential amenities.
The complex is also well connected to the rest of the city, making it an ideal choice for professionals, couples, and families seeking a balanced lifestyle. Within a short drive, residents can reach supermarkets, schools and kindergartens, the stadium, shopping malls, Limassol Old Town, and Limassol Marina.
With its convenient location, modern design, and easy access to both city amenities and the coast, this development represents an attractive option for both permanent residence and investment.