+ 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. 28608

2

Bedrooms

2

Bathrooms

83.7 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Modern 2 bedroom apartment located in a small residence of a selection of 6 unique apartments and two penthouses. The building located in the heart of the city in the prestigious area of Agios Nikolaos in Limassol, within walking distance from the sea. The project embodies the best of modern living, combined with beautiful and practical spaces and highquality materials. Offering the sea and the city view with uninterrupted scenic green mountains for priceless moments of a wonderful life. Among the new residential buildings, numerous private residences have been built using the most modern technologies; squares and picturesque corners are ideal places for safe leisure activities and walking with children. A particular advantage of this area is its proximity to the city centre. This corner, where modern lifestyle is harmoniously combined with a serene atmosphere, is just a short walk from the promenade and the city centre. Everything you need for a carefree life with family, friends and like-minded people is concentrated here. And the whole of Limassol is at your feet: schools, supermarkets, institutions, central streets, embankment, art galleries, cosy cafes - and all this is within a 5-minute walk. Project exudes sophistication, organicity and individuality. The building is the pinnacle of engineering. It was designed to preserve privacy and create a sense of openness by using the play of light and shadow to reflect the natural world outside and let it into our lives. The foundation of the residence is the use of environmentally friendly materials, the latest construction technologies, and the high quality of construction work. All apartments are designed and built to the highest standards, with all the benefits of modern living. High ceilings, concealed LED lighting, and quality materials will awaken your tactile sense. Small details for true connoisseurs of the ultimate luxury lifestyle. Everything is for convenience, sophistication, and comfort in everyday life. Bright, spacious living spaces for connoisseurs of their personal space. Apartment features living and dining area with an open-plan kitchen, covered and uncovered terraces, 2 bedrooms, 2 bathrooms, each unite has covered parking place. Finishes and specifications include: ceramic flooring in living/dining room and kitchen room, bedrooms are fitted with laminate parquet flooring, verandas are covered with ceramic tiles, aluminum double-glazed windows, provision for electric shutters, installation of video entry system, provision for A/C. Solar water heater  system. Covered parking. The main entrance of the building is equipped with a video door entry system. Entrances to the building parking spaces are accessible using remote controls. Delivery date: August 2024

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. 28608

2 bedrooms Apartment in Limassol, Cyprus No. 28608

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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