+ 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. 46705

2

Bedrooms

3

Bathrooms

89 sq.m.

Square

Parameters

Property Description

This modern residential project in Limassol presents a boutique apartment building designed with a strong focus on contemporary architecture and refined urban living. The façade is defined by clean lines and terraces enhanced with integrated greenery, creating a balanced connection between the built environment and natural elements.

The apartments are planned to offer comfortable and elegant living spaces, featuring open-plan kitchens and living areas that enhance the sense of space and functionality. Spacious balconies extend the living areas outdoors, while premium materials and carefully selected finishes contribute to a high-quality residential atmosphere. The development is designed to provide a secure and well-organised living environment within a gated complex.

Residents benefit from shared amenities that support everyday comfort, including a communal swimming pool and thoughtfully arranged common areas. Practical features such as designated parking and storage spaces further enhance convenience, making the project suitable for those seeking a modern lifestyle in a prime location of Limassol.

The main features of the project and the units:
• Boutique residential apartment building
• Contemporary architectural design
• Terraces with integrated greenery
• Open-plan kitchen and living areas
• Spacious balconies
• Premium materials and finishes
• Master bedrooms
• Guest WC
• Custom-made Italian kitchens
• Built-in Italian fixtures
• Heating and air conditioning
• Security entrance doors
• Gated complex with CCTV
• Communal swimming pool
• Designated parking space
• Designated storage space
• Photovoltaic solar panels
• Prime location in Limassol

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

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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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