+ 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. 30504

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

II quarter, 2025

Completion date

Parameters

Property Description

Luxury 2 bedroom townhouse in a modern residential multifamily gated community situated in the heart of Parekklisia, a charming village located in the Limassol. The project located just 10 minutes drive from downtown and 5 minutes to the beach. The project, developed to the highest standards, boasts 47 stunning  Maisonettes. Each Maisonette is designed as a two-story semidetached unit, with a mix of 2 and 3 bedroom options available, built using only the finest quality materials and high-end finishes. These units have been thoughtfully designed to provide comfort and convenience, with each Maisonette including a private parking space and a private backyard. Some of the units have also been provisioned to include a private swimming pool. Each unit has a spacious open-concept layout with custom-made kitchen cabinets, built-in wardrobes in each bedroom, large double-glazed windows, covered verandas, guest W/C and much more. The gated community project provides maximum privacy and security to its residents with a controlled gate access. The community is equipped with a large common landscaped courtyard featuring a water playground facility and sitting area for kids to enjoy, making it an ideal residential option for families. Technical Specifications: Large luxurious “marble looking” porcelain tiles in living room, dining room, kitchen, corridors, bathrooms and verandas. Quality laminated parquet fitted over acoustical membrane in Bedroom floors. Provision for external socket for electrical car. Provision for Air Conditioning & Heat Pump split units in each bedroom & living room. Provision for electrical heaters. Specious & functional designed large wardrobe in each bedroom. Water tank with solar panel and electric water heater for each Maisonette. Provision for pool for some Maisonettes. Provision for kitchen hood. Landscaped courtyard. Gated Complex. Energy efficiency category A. Photovoltaic system in each maisonette. 

Features

Veranda

Veranda

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

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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