+ 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. 26861

2

Bedrooms

2

Bathrooms

102.8 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New modern 2 bedroom apartment in a contemporary complex designed to offer spacious and functional apartments in Kapsalos area of Limassol, surrounded by all necessary infrastructure and amenities, with easy access to the highway.  The residence is located at the heart of Limassol center and only a few minutes away from the sea. It enjoys the benefits of a quiet and peaceful environment with easy access to all essential community amenities. The project consists of four apartments, two 2-bedroom apartments and two 1-bedroom apartments. Each apartment has its own parking space as well as its own storage room. All apartments have large balconies that are ideal for enjoying the great views of the town. Photovoltaics will be installed for every apartment as well as for the common areas of the building.  The apartments are fitted with high standard kitchens, thermal double-glazing windows, electric shutters for bedrooms and thermal insulation for the  building. Moreover, double shielded exterior security doors will be fitted at the entrance of each flat. All apartments are equipped with smart systems. Mobile phone control electronic switches are fitted for the general lighting and controlling the hot water. Video door entry system at the main door of the building will also be fitted. 

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

2 bedrooms Apartment in Limassol, Cyprus No. 26861

2 bedrooms Apartment in Limassol, Cyprus No. 26861

Features

Indoor facilities

Veranda

Veranda

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