€ 360 000

€ 4 291 / 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. 33047

Bedrooms

Bathrooms

83.9 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

About the project:
This residential complex is located in Agia Filaxis, a popular neighborhood of Limassol with locals. This quiet bedroom neighborhood is located on a hill overlooking the sea away from the noisy highways. Cozy residence of only 11 apartments.
The awsome 2 bedroom apartment on the 1st floor, it has covered and uncovered verandas, a covered parking and a storage.
Project advantages:
Convenient location:
– 4 minutes by car to major highways;
– 10 minutes by car to popular international schools Heritage, Island, Pascal, bypassing highway traffic,
– Greek public school and Greek kindergarten within walking distance.
– 10 minutes by car to Alfa Mega and Lidl grocery supermarkets

Comfort and infrastructure for living:
– smart layout with preserved sea views for all apartments;
– premium design and turnkey finishes;
– covered parking and storage for each apartment;
– high quality building materials, tiles, sanitary ware.
– VRV air-conditioning system/floor heating
Modern energy efficient Class A technologies:
– Solar panels
– Double-glazed windows,
– Photocells in public areas,
– Warm multi-layer heat-saving facades.
Project Characteristics:
10 two-bedroom apartments
1 three-bedroom apartment
Underground parking, storage rooms for each apartment
Project Architect:
Valentinos Ioannou – VIA design studio
Documentation:
Title of each apartment is provided.
Expected Delivery:
December 2025.