+ 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%

4 bedrooms Apartment in Limassol, Cyprus No. 29017

4

Bedrooms

4

Bathrooms

165 sq.m.

Square

Parameters

Property Description

New 2+2 bedroom garden apartment in a modern residence situated on top of a hill in the elite area of Agia Fyla, Limassol. The residence offers stunning views of the cityscape below, as well as the azure waters of the Mediterranean Sea. The project comprises of twety-three 1/2/3 bedroom apartments and lis ideally located directly in the vicinity of all amenities. Public and private schools, supermarkets, lively nightlife, upscale shops and high-end cafes and restaurants are within a short drive. The residence with landscaped gardens, complete with an outdoor swimming pool secluded from view, as well as a deck area and children's play area where residents and their families can simply kick back and relax in the privacy of their own home. Ample parking is available for both residents and guests. Every apartment is consist with generous proportions, using top quality building materials and finished to the hiest of standards. The residences features comfortable open plan living areas that extend onto large, ample balconies with glass railings serving up beautiful views of the city, as well as roof garden access for the apartments on the top floor. The large, carefully placed windows allow an abundance of naturall light to stream in, while the bedrooms and living spaces are strategically designed to embody both comfort and indulgence. Luxurious finishes abound, from the gleming marble countertops to the hardwood floors. Doubled glazed windows. Provision for air-conditioning in all rooms. Full fittings in bathrooms. Modern kitchen and bedroom cupboards / wardrobes. High quality floor and bathroom tiles. 

Features

Veranda

Veranda

Storage room

Storage room

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

4 bedrooms Apartment in Limassol, Cyprus No. 29017

4 bedrooms Apartment in Limassol, Cyprus No. 29017

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Swimming pool

Swimming pool

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