+ 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. 28828

2

Bedrooms

3

Bathrooms

114 sq.m.

Square

Parameters

Property Description

New 2 bedroom apartment in a new gated complex in Agios Nocholaos, Limassol. A collection of ergonomic homes encompassing modern architecture in tune with the environment, displaying exceptional pleasures and comforts of city living. This brand new modern complex is located only 1,5 km from the beach and 3 km from Limassol Marina. Gated complex with private access control for the tenants consist of 12 two-bedroom apartments, 2 duplex three-bedroom apartments, and 4 three- bedroom apartments allocated at two blocks, six floors each. High aesthetic entrance lobbies, one for each block of flats. All exterinal walls are made of concrete, equipped with a ventilated ceramic facade system and external thermal insulation to ensure high energy efficiency. All apartments have suspended ceilings, hidden lighting. High-quality entrance doors that comply with European safety and fire protection standards. Climate control with VRV system in all apartments, complete cold and hot air conditioning system. Hot and cold water tanks for each apartment, direct water supply to all kitchens. Large balconies throughout the building. High-quality aluminum hotel-type windows and exterior sliding doors with double glazing and tempered laminate for sound and thermal insulation. High-quality Italian kitchens with designer ceramic countertops, sinks and aprons. Spacious wardrobes of the highest class in all bedrooms. Guest toilets and washbasins are provided in each apartment. Dedicated enclosed spaces for washing machines and dryers. Tastefully decorated cabinets and shower cabins in all bathrooms. First-class ceramic tiles laid on all floors inside and outside. The luxurious bathrooms are finished with high-quality ceramic tiles. High-quality hanging toilet bowls without a rim with a hidden water tank. Telephone lines /Internet in all rooms. The floors are insulated to reduce noise. Separate storage room for each apartment on the ground floor. Private parking for each apartment, possibility of parking for visitors. Extensive landscape and water facilities on the ground floor, conditions for vertical gardens on balconies.

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

2 bedrooms Apartment in Limassol, Cyprus No. 28828

2 bedrooms Apartment in Limassol, Cyprus No. 28828

Features

Indoor facilities

Veranda

Veranda

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