€ 4 690 000

€ 24 854 / 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 Parekklisia, Limassol, Cyprus No. 8292

Bedrooms

Bathrooms

188.7 sq.m.

Square

Parameters

Property Description

For sale is a spacious, modern apartment currently under construction in the sought-after area of Parekklisia. With an internal space of 188.7 square meters, this property offers comfortable living for families or individuals who value space and quality. The apartment features three well-sized bedrooms and two stylish bathrooms, all designed with a contemporary touch.

Situated on the first floor of a five-story, gated complex, the property ensures both privacy and security. Residents will enjoy luxurious features such as underfloor heating, as well as access to a communal swimming pool and a fully equipped gym. The development is perfect for those who enjoy an active and relaxed lifestyle.

Parekklisia is a vibrant area known for its blend of modern facilities and natural beauty. The neighborhood offers a peaceful environment and is very close to local amenities such as shops, cafes, and services. With its sea front location, residents can enjoy easy access to the beach and stunning views.

This unique apartment will be ready in 2027, offering a great opportunity to own a brand-new home in a prime location. For more details or to arrange a viewing, contact Purple International Real Estate today.