+ 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. 26259

2

Bedrooms

2

Bathrooms

95 sq.m.

Square

I quarter, 2021

Completion date

Parameters

Property Description

Contemporary 2 bedroom apartment in a new residential project located in the central area of Limassol, Linopetra, surrounded by all necessary infrastructure and amenities, close to the city center and with easy access to the highway. Only 30 apartments (10 units per block) within the project, large verandas, separate storerooms and parking spaces for each apartment, communal area with a 17x5m swimming pool, landscaped gardens, a children's playground, a gym and controlled gated entrance offer a cozy and comfortable living for the whole family. Technical specifications: Double glazed windows of a high thermal and sound insulation Underfloor heating system Mitsubishi. VRV air conditioning system Mitsubishi. Solar and electric water heating systems. Italian high-quality tiles in the living rooms, kitchens and bathrooms Atlas Concorde . German laminated parquet Kronotex (10 mm thick) in bedrooms. Italian built-in wardrobes Colombini Casa. Italian bathroom furniture Falegnameria Adriatica. Italian kitchens Scavolini. Sanitary ware Bruma (Portugal) Security fireproof entrance doors (refractory 60 min). Elevators Kone. Video intercom system. High ceilings (3.55 m).

Features

Veranda

Veranda

Swimming pool

Swimming pool

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. 26259

2 bedrooms Apartment in Limassol, Cyprus No. 26259

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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