+ 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. 33547

1

Bedrooms

63 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

Next is the automatic translation: A new complex of apartments with 1 and 2 bedrooms, landscaped grounds, swimming pool, gym, covered parking and storerooms for each apartment in a promising area of Limassol - near Limassol Mall and the largest casino in the region - The City of Dreams, and just 1 km from the sea. A short drive away is the gorgeous sandy Ladies Mile beach.The complex is planned to be built by July 2025 in accordance with modern requirements of quality and comfort: expensive finishing materials, built-in kitchen and wardrobes in the bedrooms, equipped bathrooms, spacious rooms, comfortable layouts, panoramic verandas.

4 four-storey buildings in a landscaped area with a recreation area and a swimming pool - premium quality for a comfortable life at an affordable price!

• Property type: apartments
• Number of bedrooms: 1 or 2
• Number of bathrooms: 1 or 2
• Possibility of permanent residence registration
• Installment payment option
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Indoor parking
• Storeroom
• Swimming pool
• Gym
• 500 m from the casino
• 1 km from the sea
• Area from 63 m2 (living from 50 m2 + covered veranda from 13 m2)
• Cost from 218,000 euros + VAT

More detailed information, current offers, consultations. live impressions on request

View original text

Statistics

€ 4 952

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

€ 1 481

Apartment (1 bedroom) Outside of Centre

€ 1 244

Apartment (3 bedrooms) in City Centre

€ 2 378

Apartment (3 bedrooms) Outside of Centre

€ 1 882

Buy Apartment Price

Price per square metre in the city centre

€ 4 952

Price per square metre outside the city centre

€ 3 672

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1 bedroom Apartment in Limassol, Cyprus No. 33547

1 bedroom Apartment in Limassol, Cyprus No. 33547

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