+ 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. 44163

1

Bedrooms

51 sq.m.

Square

Parameters

Property Description

This project provides you with life at the centre, between the sea and the city. It seamlessly combines contemporary lifestyle and convenience, with quality and creativity.

The property management and lifestyle services will ensure you get the most out of life in this idyllic location. Round-the-clock care and rentals are always available whether home or away.

The development exemplifies structural quality, contemporary design, elegant interiors and modern technologies, all harmoniously balanced to resonate with those who value a vibrant urban lifestyle just steps away from the action.

The following common facilities will be provided at the roof of Building A for all residents:

• Outdoor swimming pool
• Outdoor gym
• Outdoor pool bar and sitting area
• Changing rooms and toilets
• Storerooms (for the 2-bedroom apartments only).

The Project has EPC certificate with "A" 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

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+ VAT

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1 Bedrooms

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370 000

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Features

Outdoor features

Common area with pool

Common area with pool

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