+ 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. 28491

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

III quarter, 2023

Completion date

Parameters

Property Description

Modern new 2 bedroom apartment in a contemporary complex located in Agia Zonis area of a city center. It combines the setup of a quiet neighborhood with direct access to key amenities in one of Limassol’s most popular districts. The building is positioned in immediate proximity to some of Limassol’s main private clinics, the Limassol Municipal Garden, the District Courts and the District Post Office, supermarkets, pharmacies and within walking distance from the high street shopping area of the city ‘Anexartisias Street’. Complex consists of a total of nine apartments. Floor one to four host two two-bedroom apartments each, while the fifth floor consists of three-bedroom penthouse with a roof garden and a private swimming pool on the sixth floor. All the apartments have ample, comfortable interior spaces and spacious balconies. The two-bedroom apartments have two covered parking spaces. All apartments have a private storage room at the ground floor. The main entrance of the building is secure and camera controlled. Finishes and fittings include laminated flooring and Italian made ceramic tiles, sanitary ware and mixers from reputable manufacturers in bathrooms. Also includes provision for Air conditioning, Electric heaters, Home cinema and Home computer network

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

2 bedrooms Apartment in Limassol, Cyprus No. 28491

2 bedrooms Apartment in Limassol, Cyprus No. 28491

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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