+ 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%

3 bedrooms Apartment in Limassol, Cyprus No. 46243

3

Bedrooms

120 sq.m.

Square

Parameters

Property Description

This residential development offers a selection of carefully designed one-, two- and three-bedroom apartments, created to provide comfortable and practical living spaces. The project combines contemporary architecture with functional layouts that make everyday life convenient.

The location in Ayia Fyla ensures immediate access to one of the area’s main roundabouts, allowing for quick connections to the highway. Essential amenities, including a hospital, schools and supermarkets, are all within a short walking distance, making the property suitable for both permanent residence and investment.

The two penthouses on the top floor feature impressive sea views from the living areas and benefit from private roof gardens, offering additional outdoor space and an enhanced living experience.

The main features of the project and the units:
• One-, two- and three-bedroom apartments
• Two penthouses with private roof gardens
• Sea views from the penthouses
• Contemporary architectural design
• Functional layouts
• Close to Ayia Fyla roundabout
• Easy access to the highway
• Walking distance to hospital, schools and supermarkets

The project has an EPC certificate with “A” energy efficiency rating.

Features

Storage room

Storage room

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

Indoor facilities

Storage room

Storage room

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