+ 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%

1 bedroom Apartment in Limassol, Cyprus No. 28747

1

Bedrooms

1

Bathrooms

57 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

New 1 bedroom apartment located in a boutique development of 27 well designed studios, one and two bedroom apartments in just 150m from the sea and Molos park, for those who love to live and fully enjoy the proximity, convenience and offering of a coastal city as thriving as Limassol. Walking distance to the city’s seafront promenade, Saripolou Square with its bars, cafés and restaurants, the Public Gardens, the Medieval Castle, Limassol Marina, amenities and services. Excellent investment opportunity due to high rental demand in the area. Specifications: All common internal areas will be stole with marble; The living and dining area, kitchen, corridors, bathrooms and terraces will be stole with ceramic tiles; The bedrooms will be stole with natural prevarnished wood parquet with real wood veneer top layer; Imported kitchen, wardrobes and internal doors; Prefitted with kitchen appliances; Split units for air conditioning (heating and cooling) in all areas; Decorative vertical shading panels on the terraces; Video entry phone controlled entrance doors; Electric water heater and cylinder will be installed within the apartments; Electrically operated control gate for the car parking entrance; Provision for security alarm system, CCTV at ground floor at the perimeter of the building and electric cars’ charging.

Features

Veranda

Veranda

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

1 bedroom Apartment in Limassol, Cyprus No. 28747

1 bedroom Apartment in Limassol, Cyprus No. 28747

Features

Indoor facilities

Veranda

Veranda

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