+ 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. 42358

2

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This boutique residential building designed for those who appreciate exclusivity, sophistication and modern convenience.

With only 12 apartments, the project invites to experience a lifestyle of privacy, comfort, and elegance.

Main features:

• High-quality European brand sanitary ware
• Thermal aluminum lift and slide doors (floor-to-ceiling height)
• High ceilings (+3m)
• Ambient entrance lighting
• Central VRV air-conditioning system
• Electric vehicle charging provision
• Face recognition entry video phone system
• Interior design consultation
• Energy-efficient heat pump boilers
• Sauna
• Swimming pool
• Fully equipped gym
• Study room for remote work.

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

Features

Storage room

Storage room

Car park

Car park

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

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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