+ 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. 33549

1

Bedrooms

65 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: One-bedroom apartment for sale in a new complex in the area of Kato Polemidia (Limassol). A four-storey building with only 12 apartments, equipped with an elevator. The living room and kitchen are open plan. The apartment is equipped with air conditioning, underfloor heating, household appliances, German kitchen and much more. A spacious terrace. There is a parking lot

• Property type: apartments
• Number of bedrooms: 1
• Number of units: 1
• Delivery - autumn 2024
• Built-in kitchen equipped with German appliances
• Built-in wardrobes in the bedrooms
• Air conditioners
• Underfloor heating
• Covered parking space
• Storeroom
• Total area 65 m2
• Living area 52 m2
• Energy efficiency class A
• Elevator
• The distance from the sea is 2.3 km
• Location - Kato Polymedia
• The cost is 215,000 euros + VAT

More detailed information, live screenings and consultations 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. 33549

1 bedroom Apartment in Limassol, Cyprus No. 33549

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