+ 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. 46325

2

Bedrooms

90 sq.m.

Square

Parameters

Property Description

This boutique residential development is set in Ekali, Limassol and consists of a three-storey building with just five two-bedroom apartments. The project is designed to combine light-filled interiors with practical layouts and private outdoor living, creating a comfortable city lifestyle in a quiet residential setting. The apartments feature expansive windows that allow abundant natural light, generous private balconies suitable for everyday relaxation and entertaining, and premium finishes with elegant fixtures throughout. The contemporary architecture is expressed through clean white volumes combined with wood and glass elements. The location offers easy access to walking trails and picnic areas at Polemidia National Forest Park, as well as proximity to the Spyros Kyprianou Athletic Center. The area benefits from quiet residential streets with quick access to the highway and the city centre, while supermarkets, cafés, and everyday services are nearby. Several schools are conveniently located within short driving distance, including Ekali Primary, Agios Panteleimon Primary, PASCAL, Grammar School, and Heritage.

The main features of the project and the units:
• Location in Ekali, Limassol
• Boutique three-storey residential building
• Five two-bedroom apartments
• Bright interiors with expansive windows
• Private balconies
• Premium finishes and elegant fixtures
• Contemporary architecture with wood and glass elements
• Practical layouts
• Quiet residential streets
• Quick access to the highway and city centre
• Polemidia National Forest Park nearby
• Spyros Kyprianou Athletic Center nearby
• Supermarkets, cafés, and services nearby
• Easy access to schools

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

Features

Storage room

Storage room

Car park

Car park

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

Similar Property

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90 sq.m.

+ VAT

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+ VAT

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2 Bedrooms

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2 Bedrooms

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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