+ 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 Parekklisia, Limassol, Cyprus No. 6359

2

Bedrooms

2

Bathrooms

100 sq.m.

Square

Parameters

Property Description

Stunning, contemporary architecture, on the seafront line.
Offering the finest living experience, with sophisticated open-plan layouts, wide glazed frontages welcoming fresh and interiors with ambient natural light and panoramic views of the sparkling Mediterranean sea. Excellent property choice for those who are seeking a valuable investment right in the heart of Limassol city.

Features

First sea line

First sea line

Mountain view

Mountain view

Sea view

Sea view

New project

New project

Staff room

Staff room

Private parking

Private parking

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2 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 6359

2 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 6359

Features

Location

First sea line

First sea line

Mountain view

Mountain view

Sea view

Sea view

Features

New project

New project

Indoor facilities

Staff room

Staff room

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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