+ 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%

3 bedrooms Apartment in Limassol, Cyprus No. 30174

3

Bedrooms

3

Bathrooms

95 sq.m.

Square

I quarter, 2023

Completion date

Parameters

Property Description

Luxury 3 bedroom apartment in a new complex locared in the center of Limassol. Convenient location, within walking distance of the beach and Municipal Park, supermarkets, restaurants, schools, business centers. The modern and elegant development has a convenient planning solution with high—quality finishes - ideal for those who really appreciate comfort, but do not want to compromise. The complex consists of two buildings with 20 separate apartments with two, three and four bedrooms. The apartments enjoy the complex's private garden, communal pool, gym and sauna — an ideal place to relax from the hustle and bustle. Gated complex with city view and high quality of construction and finishing materials. Each of the apartments has high ceilings (2.9 m), an Italian kitchen, a marble bathroom, underfloor heating, Central Aircondition system, Double glazing, Guest WC, Luxury specifications, Marble flooring, Modern design, Parquet flooring, Covered Parking, Storage. Quiet Area, Walking distance to beach.  Near amenities, Near bus route, High investment potential.

Features

Veranda

Veranda

Storage room

Storage room

Common area with pool

Common area with 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

3 bedrooms Apartment in Limassol, Cyprus No. 30174

3 bedrooms Apartment in Limassol, Cyprus No. 30174

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Common area with pool

Common area with pool

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