+ 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%

4 bedrooms Duplex in Limassol, Cyprus No. 25701

4

Bedrooms

4

Bathrooms

245 sq.m.

Square

Parameters

Property Description

Luxury 4 bedroom duplex apartment in an exclusive waterfront development combining elegant residences and new marina with its own shopping and restaurant area in the heart of Limassol city. The project comprises of 5 apartment blocks, each block offering a choice of two, three, four-bedroom apartments and duplexes. Offers stunning sea & marine views, splendid architectural design and is finished to the highest quality standards. Direct access to the beach, fitness and spa facilities as well as boutiques. Excellent location.

Features

Veranda

Veranda

Car park

Car park

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

4 bedrooms Duplex in Limassol, Cyprus No. 25701

4 bedrooms Duplex in Limassol, Cyprus No. 25701

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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