+ 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. 28456

3

Bedrooms

3

Bathrooms

127.1 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

A contemporary residential project, conveniently located in Linopetra tourist area of Limassol, a walking distance to amenities and just 700 meters from the beach. The complex is built on a plot of 1068 m² adjacent to the park and consists of a modern 3-storey building with only 8 spacious one-, two-, three- and four- bedroom apartments and penthouses with private pools and saunas on the roof terraces. The common areas of the complex include a gym, an electric vehicle charging point and green areas. Each apartment has a storage room and a parking space, while the penthouses have 2 parking spaces each. The apartments offer stunning views to the sea, park and city. The development offers an impressive lifestyle for those appreciating the comfort of a contemporary gated complex and guarantees to be a successful investment generating substantial rental yields. Major advantages: walking distance to the beach (10 min) and city's infrastructure gated controlled entrance to the complex, gym (87 m²), electric vehicle charging point, covered parking and store rooms, penthouses with private pools and saunas on the roof terrace, high ceilings (over 3.15 meters) photovoltaic electricity producing system, energy efficiency - Grade A.

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

3 bedrooms Apartment in Limassol, Cyprus No. 28456

3 bedrooms Apartment in Limassol, Cyprus No. 28456

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more