+ 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. 44256

1

Bedrooms

58 sq.m.

Square

Parameters

Property Description

This huge complex will consist of an impressive variety of stylish 1, 2 and 3 bedroom apartments.

It will offer a resort-style living with a beach being just in 700 meters walk, with gym and sport area at the complex, swimming  pools and a lovely garden.

The development is a business-class property, which represents all the features of a privileged lifestyle.

The complex maintains a gym, adults and kids pools, private playground area, a BBQ zone and lounge areas. The complex will be offering underground parking whereas a climate control system will be installed to keep parked cars cool.

Most of the residents will enjoy the sea views from their windows.

Block C is for sale as a whole building - €15.597.296.

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

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Features

Outdoor features

Common area with pool

Common area with pool

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