+ 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. 47738

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

Parameters

Property Description

This modern residential building is located in the Agia Fyla High Hill area, just 6.8 km from the centre of Limassol. Set in a quiet neighbourhood, it offers residents a peaceful living environment while remaining close to essential amenities such as supermarkets, parks, and gyms. The convenient location provides easy access to the highway, allowing quick travel to the city, the beach, and other destinations. The building includes eleven apartments with one, two, and three bedrooms, designed for comfortable modern living with panoramic views of the surroundings.

The main features of the project and the units:
• Located in Agia Fyla High Hill
• 6.8 km from the centre of Limassol
• Eleven apartments with 1, 2, and 3 bedrooms
• Panoramic views
• Quiet residential area
• 24-hour security
• Use of alternative energy sources

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 Apartment in Limassol, Cyprus No. 55354

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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