+ 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 Erimi, Limassol, Cyprus No. 46364

2

Bedrooms

2

Bathrooms

98 sq.m.

Square

Parameters

Property Description

This modern residential complex in Erimi, Limassol consists of twelve one- and two-bedroom apartments. The development is located close to the beach, local amenities, and historic landmarks. The apartments feature open-plan living areas with large windows and high ceilings, creating bright and airy interiors. The kitchens are fully equipped with modern appliances and integrated into dining areas. Bedrooms offer comfortable living spaces with fitted wardrobes, while the bathrooms are finished in a contemporary style. Two-bedroom units include en-suite bathrooms in the master bedrooms.

The exterior areas include landscaped gardens and shared outdoor spaces. Each apartment benefits from a private balcony or terrace suitable for outdoor relaxation. The location in Erimi provides convenient access to Limassol’s shopping, dining, and entertainment facilities, as well as nearby cultural attractions such as archaeological sites and museums.

The main features of the project and the units:
• Twelve one- and two-bedroom apartments
• Modern residential complex in Erimi, Limassol
• Close proximity to the beach, local amenities, and historic landmarks
• Open-plan living areas with large windows and high ceilings
• Fully equipped kitchens with modern appliances
• En-suite bathrooms in two-bedroom units
• Landscaped gardens and communal areas
• Private balconies or terraces
• Parking space
• Double glazed windows
• Pressurised water system
• Electric water system
• Provision for air conditioning
• Solar energy system
• Title deeds

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

Features

Car park

Car park

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Features

Outdoor features

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