€ 1 998 000

€ 18 000 / 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%

2 bedrooms Apartment in Limassol, Cyprus No. 46125

Bedrooms

111 sq.m.

Square

Parameters

Property Description

The inspired vision of the developers, the project is a world-class seafront transformation that is creating a new destination for Cyprus, the likes of which has never been seen before. Award-winning architecture meets unobstructed sea views, creative placemaking and perfectly curated lifestyle amenities to deliver a luxury lifestyle offering like no other. For buyers looking to own their own furnished Gianfranco Ferré Home apartment in Cyprus, time is of the essence. From impeccable facilities and services that are synonymous with the globe’s finest five-star resorts, a new world-class shopping destination to bespoke apartments with meticulously designed interiors, the development evokes luxury at the highest level. Named after the world’s finest gems from sapphire to ruby, the unique crowning jewels at the development are encapsulated within The Penthouse Collection – a series of four exquisite penthouse residences, furnished by Gianfranco Ferré Home. The range of meticulously finished penthouses feature three to five bedrooms, beautifully crafted terraces with dual aspect panoramas, forming truly iconic residences to suit the most discerning tastes.

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

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

2 Bedrooms

111 sq.m.

+ VAT

2 Bedrooms

111 sq.m.

+ VAT

Verified property

2 Bedrooms

2 Bathrooms

111 sq.m.

+ VAT

2 Bedrooms

111 sq.m.

+ VAT