+ 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. 42734

2

Bedrooms

84 sq.m.

Square

Parameters

Property Description

This premium apartment and penthouse project, set in the heart of the tourist area along Limassol’s coast, combines striking architecture with luxury living. Located in close walking distance from Dasoudi beach and the scenic seafront, the complex comprises three impressive buildings.

The project’s focus is on privacy and comfort within the landscaped grounds of a secured community, enhanced with a heated outdoor pool for year-round use.

Beachside restaurants, shops and entertainment venues are all within walking distance, along with easy access to city’s business center.

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

Similar Property

1 300 000

2 Bedrooms

84 sq.m.

+ VAT

1 200 000

2 Bedrooms

84 sq.m.

+ VAT

1 150 000

2 Bedrooms

84 sq.m.

+ VAT

815 000

2 Bedrooms

84 sq.m.

+ VAT

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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