+ 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. 27160

2

Bedrooms

3

Bathrooms

92 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

New 2 bedroom apartment in a new project under construction, located in the Green area, the most popular area of Limassol, close to all necessary amenities and within short distance from the beach, the city center and simultaneously accessible to the highway. Project is located at an elevated location, nestled within beautiful surroundings and panoramic views. This gated building community consists of 4 double-storey blocks, all connected to a magnificent pool with a sun terrace and a playground, ensuring that both residents and visitors enjoy the spacious and welcoming atmosphere. Designed with convenience in mind, this residential gated community presents spacious 2&3 bedroom apartments with options for private gardens or rooftop terraces, along with underground parking and storage spaces for each apartment. Technical Specifications: quality ceramic tiles in living room, kitchen, corridor, bathrooms, verandas and roof gardens floors; laminated wooden floor in the bedrooms’ floors; thermal insulated aluminium windows and door with double-glazed glass, provision for mosquito nets, electric aluminium roller shutters with polyurethane insulation in the bedrooms’ windows and doors; solar heater, water pressure system; imported kitchen with cupboards and overhead wall units in a selection of colors, man-made granite kitchen countertop; recess split type air conditioning units in the living room/  kitchen (build-in type); provision for installation of split type air conditioning units in bedrooms (wall mounted type), provision for the installation of underfloor heating; additional storage room and shower room on the roof garden.   

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. 27160

2 bedrooms Apartment in Limassol, Cyprus No. 27160

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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