€ 5 400 000

€ 21 958 / 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 Neapolis, Limassol, Cyprus No. 8248

Bedrooms

Bathrooms

245.92 sq.m.

Square

Parameters

Property Description

For sale is an impressive under-construction apartment offering a spacious internal area of 245.92 m². Designed for comfortable living, this residence features 3 large bedrooms and 3 modern bathrooms, making it an ideal home for families or those who appreciate generous living space.

Located in the desirable area of Neapolis, the property is set on a sought-after seafront with a breathtaking panoramic view of the sea. Neapolis is known for its lively atmosphere, attractive coastline, and excellent access to essential amenities including shops, restaurants, schools, and leisure facilities. It offers a perfect blend of tranquility and convenient city life, making it a popular choice for residents who value both relaxation and accessibility.

The apartment is situated in a modern building with an elevator for easy access. Residents can enjoy a range of high-end communal facilities, including a swimming pool and a fully equipped gym, promoting an active and healthy lifestyle.