€ 495 000

€ 5 824 / 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. 43244

Bedrooms

85 sq.m.

Square

Parameters

Property Description

This residential project will consist of 12 spacious 2 bedroom apartments spread over 4 floors. The project is located in a convenient and popular area of Limassol, in walking distance to schools, parks, supermarkets, pharmacies and public transportation. The public park is also very close.

The apartments will be of a modern design, all with covered verandas and smart home technologies. The top floor apartments will have private roof gardens.

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

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

85 sq.m.

+ VAT

2 Bedrooms

85 sq.m.

+ VAT

2 Bedrooms

85 sq.m.

+ VAT

Verified property

2 Bedrooms

1 Bathrooms

85 sq.m.

+ VAT