+ 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. 35352

1

Bedrooms

52 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: The new modern complex with panoramic sea views offers a choice of apartments with 1, 2 and 3 bedrooms, 4-bedroom penthouses and ten villas with 3 and 4 bedrooms. Here, convenience and style perfectly harmonize with silence and easy transport accessibility: the Heritage International School is located nearby and only a few minutes drive separates the project from the business center of the city, beaches and restaurants.We offer a good investment opportunity: a price increase until the end of the full completion of the project and the possibility of resale with a good profit or a balanced rental income. 

The advantages of the project are installment payments and the possibility of settlements in cryptocurrency. When buying a property, it is possible to obtain permanent residence in Cyprus for the owner and his family members.

• Property type: apartments and villas
• Number of bedrooms: 1, 2, 3, 4 li>
• Number of agricultural units: 1, 2, 3, 4 li>
• Area from 52 m2
• Commissioning of the complex is in phases: the first phase is already ready, the last ones will be completed by 2027
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Underfloor heating
• Parking
• Storeroom
• Swimming pool
• Well-kept garden
• Installment payment option
• The possibility of paying with cryptocurrency
• The possibility of obtaining permanent residence

Cost from 218,000 euros + VAT

More detailed information, presentation, planning, 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

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1 bedroom Apartment in Limassol, Cyprus No. 35352

1 bedroom Apartment in Limassol, Cyprus No. 35352

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