€ 1 020 000

€ 8 536 / 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 Agios Tychonas, Limassol, Cyprus No. 8329

Bedrooms

Bathrooms

119.5 sq.m.

Square

Parameters

Property Description

For sale: Modern apartment under construction in the sought-after area of Agios Tychonas. This spacious residence offers 119.5 m² of internal space and is set on the 1st floor of a stylish 5-storey building with elevator access. The apartment features three comfortable bedrooms and two contemporary bathrooms, ideal for a family or professionals seeking extra space.

Residents will enjoy luxury living with underfloor heating throughout, plus access to the complex's excellent amenities. The gated development includes a communal swimming pool and a fully equipped gym, providing everything you need for relaxation and fitness on site.

Agios Tychonas is a prestigious coastal area known for its peaceful atmosphere, beautiful surroundings, and high standard of living. The location is conveniently close to a range of amenities including shops, cafes, and restaurants, as well as easy access to main roads for commuting.

Scheduled for completion in 2027, this property is the perfect blend of modern design and comfort. For more information or to arrange a viewing, please contact Purple International Real Estate.