€ 340 000

€ 4 234 / sqm

+ 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. 28981

Bedrooms

Bathrooms

80.3 sq.m.

Square

III quarter, 2025

Completion date

Parameters

ID

28981
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

1

Bathrooms

2
Square

80.3 sq.m.
Veranda area

38 sq.m.
To sea

3.6 km
Completion date

III quarter, 2025
Completed

No

Property Description

New 2 bedroom apartment in a new modern project, Panthea district, Limassol. The project consists of 10 apartments: one, two and three bedroom. High-quality materials are used in the construction. Near the entire infrastructure of the city. The apartment is on the first floor with covered veranda, consists of an open-plan kitchen with a living room, 2 bedrooms, 2 bathrooms. Each apartment has it's own storage room and parking space.

Features

Veranda

Storage room

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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