+ 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. 45103

1

Bedrooms

54 sq.m.

Square

Parameters

Property Description

The project is located in a thriving location, a central spot in the heart of Limassol’s tourist area, bustling with vibrancy, incredible shopping and an endless array of upscale restaurantsThe project consists of 3 blocks; each block boasts 14 luxurious spacious apartments and 2 penthouses with private swimming pools. Every detail has been carefully designed to bring home the best of Mediterranean living with comfort and style. This complex will complement your taste for fine living and energize a thriving new destination. Surrounded by endless panoramic sea views, this area is an example of resort living at its best. Each apartment and penthouse provides an intelligent, efficient and functional design.

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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