€ 489 000

€ 6 113 / sqm

+ 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. 42503

Bedrooms

80 sq.m.

Square

Parameters

Property Description

The building is situated in a tourist area and offers amenities, including a cinema, bowling alley, restaurants and a vibrant nightlife.

The building enjoys landscaped gardens and a well-lit exterior and fenced-in areas. Each apartment has an allocated one covered parking space as well as a storage room.

Every apartment is constructed with generous proportions, using top-quality building materials and finished to high standards. The residences feature comfortable open-plan living areas that extend onto large, ample balconies with glass railings that serve up beautiful views of the city.

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

2 Bedrooms

80 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT

2 Bedrooms

80 sq.m.

+ VAT

Verified property

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT