+ 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. 42314

2

Bedrooms

88 sq.m.

Square

Parameters

Property Description

This gated residential apartment building creates a unique atmosphere of enjoyable comfort in impeccable style. The project offers a selection of 11 apartments with a common swimming pool and carefully designed green garden.

Major benefits:

• The development is in 800 meters to the sea and some hotels
• Gym, sauna and covered parking
• High ceilings
• Top standard finishes
• Underfloor heating and central VRV conditioning
• Penthouses with private roof terraces and swimming pools.

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

Features

Common area with pool

Common area with pool

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

Similar Property

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2 Bathrooms

88 sq.m.

+ VAT

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2 Bedrooms

88 sq.m.

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2 Bedrooms

2 Bathrooms

88 sq.m.

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2 Bedrooms

88 sq.m.

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Features

Outdoor features

Common area with pool

Common area with pool

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