+ 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. 35349

2

Bedrooms

73 sq.m.

Square

II quarter, 2027

Completion date

Parameters

Property Description

Next is the automatic translation: The new complex consists of 9 luxury 2-bedroom apartments and exclusive penthouses with a rooftop Jacuzzi. It is located in the sought-after area of Agios Nikolaos, 1 km from the beach and close to all urban infrastructure (shops, schools, restaurants, etc.). A modern stylish building in a convenient location at a reasonable price is an excellent investment both for resale at the stage of project readiness (estimated yield of 25%) and for rental rent (estimated yield of at least 8% per annum. Of course, this is an excellent choice for personal living.• Property type: apartments
• Number of bedrooms: 2
• Number of units: 2
• Area from 73 m2
• Turnkey delivery - May 2027
• Installment payment option
• The ability to pay with cryptocurrency
• The possibility of obtaining permanent residence
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Underfloor heating
• Air conditioners
• French panoramic windows
• Indoor parking
• Storeroom
• Energy efficiency class A

Cost from 297,000 euros + VAT

More information, consultations, screenings: whatsapp/viber/telegram

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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

Similar Property

305 000

2 Bedrooms

2 Bathrooms

73 sq.m.

+ VAT

269 000

2 Bedrooms

2 Bathrooms

73 sq.m.

+ VAT

269 000

2 Bedrooms

2 Bathrooms

73 sq.m.

+ VAT

265 000

2 Bedrooms

73 sq.m.

+ VAT

2 bedrooms Apartment in Limassol, Cyprus No. 35349

2 bedrooms Apartment in Limassol, Cyprus No. 35349

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