+ 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. 33553

1

Bedrooms

67 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

Next is the automatic translation: Apartments for sale in a new residential complex in the historical center of Limassol. The complex offers 13 modern apartments on four floors, including apartments with one, two or three bedrooms and two penthouses. It is located between Makariou commercial street and Anexartisias shopping street and provides convenient access to shops, restaurants, entertainment, public transport. The project boasts modern architecture, high-quality finishes and modern equipment.

Key features of the project:

- Just 300 meters from the historical center of Limassol.

- Near Makariou shopping street and Anexartisias shopping street.

- The strategic location provides excellent rental yields and the prospect of rising real estate prices

• Property type: apartments
• Number of bedrooms: 1, 2, 3
• Number of bathrooms: 1 ,2
• Number of floors: 4
• Installment payment
• The possibility of obtaining permanent residence
• Great location
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Modern design
• Indoor parking
• Storeroom
• Area from 67 m2 (residential from 47 m2)
• Cost from 237,000 euros + VAT

More detailed information, layouts, current options and live screenings 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. 33553

1 bedroom Apartment in Limassol, Cyprus No. 33553

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