+ 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. 26150

3

Bedrooms

3

Bathrooms

135.9 sq.m.

Square

Parameters

Property Description

Modern and luxurious 2 bedroom apartment in a gated residential project in the heart of Limassol, located on Makarios Avenue. It is a unique residential building in the area, boasting 10 floors and 1, 2, 3 and 4-bedroom apartments. The apartments are designed intelligently, making the most of indoor and outdoor space. With premium common facilities such as a gym, sauna, pool and playground as well as high technology features, this residence is the place to choose if you are a fan of buzzing cosmopolitan living. Each apartment comes with its own underground parking with direct access to the building, a feature rarely found in the area. City Wave is ideal for families with private schools within walking distance as well as a mere 10-min walk to the beach. Class A Eco building, VRV air-conditioning and underfloor heating. Electric access to underground parking and building. Advanced heat insulation. Electric car charger. Delivery:February 2021 

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

3 bedrooms Apartment in Limassol, Cyprus No. 26150

3 bedrooms Apartment in Limassol, Cyprus No. 26150

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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