€ 306 000

€ 6 000 / 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%

1 bedroom Apartment in Limassol, Cyprus No. 58588

Bedrooms

Bathrooms

51 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Apartment for Sale in Neapolis, Limassol
Modern apartment for sale in the sought-after area of Neapolis, Limassol. The contemporary residential complex features elegant minimalist architecture, eco-friendly solutions, and high-quality materials, ensuring Energy Efficiency Class A.
Built using modern construction technologies, the development offers excellent durability, comfort, and energy efficiency. The apartment also features a spacious balcony with quality glazing and a comfortable seating area, providing the perfect space to relax and enjoy the fresh air and surrounding views.