+ 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. 26928

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

New 2 bedroom apartment in a new residential project of 8 apartments, located in the vibrant heart of Limassol, in Lanitio area, a central location that presents a perfect blend of tranquility and convenience. In addition to this urban vibrancy, the project situated in a child-friendly neighborhood. A minute's walk will take you to Lanitio School, featuring not just educational facilities but also a playground, a stadium, and tennis and football courts, promoting a safe and active lifestyle for children. The residence is a mere few minutes' walk way from the bustling Makariou Avenue, where you can find an array of shops, cafes, restaurants, and business offices, making it the heartbeat of urban life. This project is a testament to modern architecture, meticulously crafted with the highest quality materials, combining practical spaces with a visually appealing design. The 3-floor building predominantly faces southwest, providing a steady view of green landscapes, and sunlight. All apartments designed and built to the highest standards with all the advantages of modern living. High ceilings, hidden LED lighting and ceiling mounted A/C units are some of the criteria used to experience an unparalleled luxury lifestyle. Each apartment also designed for day-to-day convenience. Bright, airy living spaces for people to live in, to laugh in and to write their own stories. MAIN FEATURES: Central VrV Air-Condition System, Photovoltaics & Net Metering for Each Apartment, Electric Vehicle Charge Provision for Each Apartment, Thermal Aluminum Lift & Slide - Floor-to-ceiling height doors, High Ceilings: +3m height, Face Recognition Entry Video Phone, Interior Design Consultation, Automated Gate for Parking Area, Wifi Controlled Water Heater.

Features

Veranda

Veranda

Storage room

Storage room

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. 26928

2 bedrooms Apartment in Limassol, Cyprus No. 26928

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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