+ 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 Duplex in Limassol, Cyprus No. 42630

2

Bedrooms

98 sq.m.

Square

Parameters

Property Description

This residential building, consisting of only 2 apartments, is located in the tourist area of ​​Potamos Germasogeia, in a kilometer to the eucalyptus park of Dasoudi and the sea.

Each apartment will have a laundry space, spacious open plan kitchen, spacious verandas. Each apartment will be allocated storage and 2 parking spaces.

The duplex apartment will have a roof top with additional room, shower and WC.

Other features:

• Kitchen and wardrobe furniture
• Provision for air conditioners
• Underfloor heating
• Solar panel for water heating
• Photovoltaic system.

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

Similar Property

500 000

2 Bedrooms

100 sq.m.

+ VAT

Verified property

2 bedrooms Duplex in Parekklisia, Limassol, Cyprus No. 54208

450 000

2 Bedrooms

1 Bathrooms

IV quarter, 2016

100 sq.m.

510 000

2 Bedrooms

2 Bathrooms

1 Floor

IV quarter, 1990

104 sq.m.

470 000

2 Bedrooms

92 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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