+ 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%

1 bedroom Apartment in Limassol, Cyprus No. 43434

1

Bedrooms

51 sq.m.

Square

Parameters

Property Description

A modern 4 storey building near the new Limassol mall for people who want to live in the center, in a newly developed flat tailored to their style.

The project is just a short walk from all the necessary amenities, residents will find reputable schools, nearby supermarkets and stores for everyday needs, medical facilities, pharmacies, all within easy reach. The prime
location ensures you're always connected to the best that Limassol has to offer.

The development offers a selection of 20 apartments, available in 1,2 and 3 bedroom configurations. Each unit is thoughtfully crafted across four floors to provide comfort, style and functionality.

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

Features

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

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+ VAT

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Features

Outdoor features

Car park

Car park

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