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+ 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 Omonoia, Limassol, Cyprus No. 33865

1

Bedrooms

1

Bathrooms

52 sq.m.

Square

Parameters

Property Description

The project is located in one of the most modern cities in Cyprus, Limassol offers residents the perfect combination of bustling urban spaces, pristine beaches and a rich history spanning centuries.

 

• Limassol city is a great location not only as a world-renowned business hub, but also due to its easy access to exclusive five-star hotels, charming streetscapes, top restaurants, bars, schools, shopping malls and one of the region’s most exciting and popular superyacht destinations, Limassol Marina.

 

• The project offers buyers an unparalleled opportunity to own a property close to all that Limassol has to offer, the perfect balance of natural beauty, incredible culture and everyday cosmopolitan life.

• The development is conveniently located close to the essential amenities suited to city living, including access to a main road allowing for easy travel in and out of the city.

• Amenities include schools, supermarkets, My Mall Limassol and much more, all within walking distance. The complex is located in close proximity to Limassol Port, Limassol Marina and the historic city centre, offering an unparalleled level of convenience for families or working professionals.

• The complex is also just a few minutes’ drive from some of Limassol’s most iconic landmarks, such as:

• The extravagant Mediterranean City of Dreams, Europe’s first integrated resort. This incredibly luxurious offering includes the first large casino in Cyprus, 500 exquisite rooms and suites, an outstanding exhibition centre and an adventure park, making for the most exciting holiday on the island.

• Also nearby is the incredibly popular Fasouri Waterpark.

• Project completion 2025.

Apartment №201

Limassol

Floor 2

Bedrooms 1

Total area 79 m2.

Living area 52 m2

Veranda 27 m2

Features

Close to the beach

Close to the beach

Near public transportation

Near public transportation

Close to shopping malls

Close to shopping malls

Close to the city centre

Close to the city centre

Close to schools

Close to schools

Close to the kindergarten

Close to the kindergarten

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1 Bedrooms

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1 bedroom Apartment in Omonoia, Limassol, Cyprus No. 33865

1 bedroom Apartment in Omonoia, Limassol, Cyprus No. 33865

Features

Location

Close to the beach

Close to the beach

Near public transportation

Near public transportation

Close to shopping malls

Close to shopping malls

Close to the city centre

Close to the city centre

Close to schools

Close to schools

Close to the kindergarten

Close to the kindergarten

Prestigious district

Prestigious district

Environmentally pristine area

Environmentally pristine area

Second sea line

Second sea line

City view

City view

Features

Video intercom

Video intercom

Metal front door

Metal front door

Double glazed aluminium or plastic windows

Double glazed aluminium or plastic windows

Bathroom furniture

Bathroom furniture

Water meter

Water meter

Electricity meter

Electricity meter

TV

TV

Internet

Internet

Fully fitted kitchen

Fully fitted kitchen

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