+ 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%

1 bedroom Apartment in Limassol, Cyprus No. 26693

1

Bedrooms

1

Bathrooms

46 sq.m.

Square

II quarter, 2025

Completion date

Parameters

Property Description

New 1 bedroom apartment is located in a new project in the old town of Limassol. Block of 17 luxury residential apartments situated just 100 meters away from the well known Olympion beach, and award winning athletic center of GSO. Residence offers unexceptional living experience in a serene and historic neighborhood. The location offers the perfect balance between tranquility and accessibility. Nestled within the quiet streets of Limassol's old town, you can enjoy a peaceful living environment while being in close proximity to the vibrant city life. The nearby beach ensures that you are never far from the refreshing Mediterranean waters. Project features: 21 Covered Private Gated Parking Spaces; Open Internal Green Courtyard; 2 Elevators for private access; Excellent Accessibility. Access from two roads; 1 min away from the main arteries of Limassol Town; Seafront Road – Agiou Andreou (Historical Commercial Street); Solar Panels to cover 100%of communal energy consumption. All apartments have access to communal facilities: 60sqm of Roof Terrace with the communal swimming pool. Apartment features: Floor of living room, corridors, bedrooms & kitchen - high quality wooden, finish laminate, in a linear arrangement; Floor of bathroom, verandas & roof garden - high quality ceramic tiles; Double glazed windows in aluminum frame; Intercom system at the main entrance of the building; Provision for underfloor heating; Provision for concealed air-conditioning units in living room/kitchen area and split unit system in all bedrooms.

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

1 bedroom Apartment in Limassol, Cyprus No. 26693

1 bedroom Apartment in Limassol, Cyprus No. 26693

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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