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+ 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 Limassol, Cyprus No. 23748

3

Bedrooms

3

Bathrooms

149 sq.m.

Square

Parameters

Property Description

The city offers a diverse variety of pleasures, such as the dynamic metropolitan city for business, infinite sandy beaches, interesting historical sites, restaurants with all sorts of food for the most sophisticated gourmets, and the shopping areas; You’ll find it all and much more in Limassol!
The project is nestled in a carefully selected, quiet and safe neighborhood of the prestigious Potamos Germasogeia area of Limassol, just 500 meters away from the best sandy beaches of the tourist area and Limassol’s best leisure spots, banks, pharmacies, food stores.

Parking: parking space

Furnished: Luxury residential complex in central Limassol, in a privileged and quiet neighborhood of the tourist area, approximately half a kilometre from the seafront. The building reaches up to 8 storeys in height. The buildings are set around the landscaped garden, located in the center of the project. The design is influenced by elements from both the natural and man-made world. Reminiscent of a superyacht, the superstructure of each block gently terraces down from its highest point with balconies on all sides. Wide horizontal bands form continuous balustrades that wrap around the blocks at each level, emphasizing the horizontal nature of the development, which stretches to over 300 linear metres in length. The residents will enjoy the privacy of the gated compound with extended hotel-type facilities including concierge, SPA, outdoor pool, heated indoor pool, gym, landscaped gardens, playground for kids clubhouse with a playroom.

Security systems: have the option of smart technology

Features

Close to the beach

Close to the beach

Near public transportation

Near public transportation

Close to shopping malls

Close to shopping malls

Close to the airport

Close to the airport

Prestigious district

Prestigious district

Sea view

Sea view

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

Similar Property

980 000

3 Bedrooms

149 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Limassol, Cyprus No. 54159

760 665

3 Bedrooms

2 Bathrooms

IV quarter, 2027

149 sq.m.

+ VAT

510 000

3 Bedrooms

149 sq.m.

+ VAT

1 680 000

3 Bedrooms

3 Bathrooms

3 Floor

150 sq.m.

+ VAT

3 bedrooms Apartment in Limassol, Cyprus No. 23748

3 bedrooms Apartment in Limassol, Cyprus No. 23748

Features

Location

Close to the beach

Close to the beach

Near public transportation

Near public transportation

Close to shopping malls

Close to shopping malls

Close to the airport

Close to the airport

Prestigious district

Prestigious district

Sea view

Sea view

City view

City view

Panoramic view

Panoramic view

Beautiful view

Beautiful view

Features

Intercom

Intercom

Smart Home system (on demand)

Smart Home system (on demand)

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