+ 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. 26263

3

Bedrooms

3

Bathrooms

122.7 sq.m.

Square

I quarter, 2023

Completion date

Parameters

Property Description

Modern 3 bedroom apartment in a contemporary complex situated on the hill west of Panthea, only a few minutes away from the heart of Limassol and at the same time it enjoys the advantages of a tranquil and peaceful environment. The building is designed to give great emphasis on indoor comfort and functionality as well as providing spacious verandas from which its residence will be able to enjoy the spectacular city and sea views. Furthermore, one of the main priorities is to equip the buildings with top quality materials and to offer excellent standard of finishes. Each apartment has its own covered parking space and private store room, while the central entrance of the building will be controlled by a video intercom system. Furthermore apartments are equipped with underfloor heating (Hot water circulation). Concealed Air-conditioning in the living room, Split unit Air-conditioners in all other areas. False ceilings in the living room with hidden lights. Hot Water circulation system. Security cameras with two week digital recording around the building and the entrance.

Features

Veranda

Veranda

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. 26263

3 bedrooms Apartment in Limassol, Cyprus No. 26263

Features

Indoor facilities

Veranda

Veranda

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