€ 5 300 000

€ 20 866 / sqm

+ 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%

4 bedrooms Apartment in Limassol, Cyprus No. 45685

Bedrooms

254 sq.m.

Square

Parameters

Property Description

This prestigious residence is currently being developed only a few meters from the Mediterranean Sea in Limassol. This project brings the beachfront living to a whole new level in both design and architecture in the most desired location: right on the beach and within easy reach of the city’s excellent infrastructure. The project's designers have virtually brought the Limassol sea-front vista into the living spaces through the innovative use of glass and expansive balcony spaces. The building shall provide such amenities as Fitness center, SPA and pool.

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

Features

Common area with pool

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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