+ 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 Limassol, Cyprus No. 25493

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

III quarter, 2024

Completion date

Parameters

Property Description

New 2-bedroom apartment with extra veranda with provisions for a 3rd bedroom in a new building, Agia Fila district, Limassol. Situated on the top of the hill in a very tranquil and quiet area of Limassol, the project is the ideal habitat for those in search of a serene living environment. The project consists of 2- & 3-bedroom apartments with an open plan kitchen with dining and living area, spacious bedrooms and large covered balconies with unobstructed sea views. Spacious living spaces using high-quality materials and finishes. Decorative plasterboard ceilings with lighting in public areas. All floors are fitted with top quality ceramics or laminate parquet in an assortment of shapes and colors. Double glazed heat insulating windows to achieve maximum heat reservation, noise reduction and increased security. External walls with 25cm width bricks and inner walls with 10cm width bricks. The exterior surfaces of the building will be in decorative coating or paint in color of the company’s choice. All kitchens are made of melamine wood in an assortment of colors for a very durable and attractive finish. Kitchen countertops and backsplash are made from granite. Covered parking and storage room for each apartment. All the apartments will have underfloor heating and 3kw photovoltaic system included in the prices.

Features

Veranda

Veranda

Storage room

Storage room

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

2 bedrooms Apartment in Limassol, Cyprus No. 25493

2 bedrooms Apartment in Limassol, Cyprus No. 25493

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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