+ 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. 42084

2

Bedrooms

85 sq.m.

Square

Parameters

Property Description

An elegant low-rise development, located in one of Limassol’s most sought-after coastal neighborhoods, just steps from Dasoudi Beach, with its eucalyptus park, cycling paths, and beachfront restaurants.

The project includes only 11 carefully designed apartments: from compact 1 bedrooms to expansive penthouses.

All homes feature high ceilings, water-based underfloor heating and advanced VRV air-conditioning systems. Each apartment comes with private parking and a dedicated storage room. The penthouses elevate the experience even further with rooftop terraces, private pools and breathtaking views of the city and the sea.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Storage room

Storage room

Car park

Car park

Statistics

€ 4 788

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

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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