+ 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. 43853

2

Bedrooms

83 sq.m.

Square

Parameters

Property Description

The complex is located in the best area of Limassol, consisting of 14 apartments. The location combines the calm atmosphere of the area, the absence of high-rise buildings
and proximity to all the city's infrastructure.

The layouts are varied and consist of spacious single, double-bed layout solutions, as well as a luxurious three-bedroom penthouse on the top floor with a private barbecue area. All of them are delivered in a fine finish made of premium materials.

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

Features

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

720 000

2 Bedrooms

83 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 27571

715 000

2 Bedrooms

2 Bathrooms

83 sq.m.

+ VAT

715 000

2 Bedrooms

83 sq.m.

+ VAT

715 000

2 Bedrooms

83 sq.m.

+ VAT

Features

Outdoor features

Common area with pool

Common area with pool

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