€ 420 000

€ 5 060 / sqm

+ 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 Mesa Geitonia, Limassol, Cyprus No. 47793

Bedrooms

83 sq.m.

Square

Parameters

Property Description

A limited collection of 8 one- and two-bedroom apartments located in the prestigious Riga Fereou area, right in the heart of Limassol. Designed by a renowned architect, the residences combine modern elegance with high-quality finishes, spacious interiors, and floor-to-ceiling windows that fill each home with natural light.

The open-plan layout seamlessly connects the kitchen, living, and dining areas, while large glass-enclosed verandas provide the perfect setting for year-round relaxation or al fresco dining. Each apartment includes a covered parking space and a storage room, offering both comfort and practicality.

Set within one of Limassol’s most desirable neighborhoods, residents enjoy easy access to supermarkets, local markets, bakeries, private schools, and parks. The seafront promenade and Limassol Marina are within walking distance, while the nearby motorway ensures quick connections to Paphos, Nicosia, and beyond.

The main features of the project and the units:

• 8 apartments with 1 or 2 bedrooms
• Prime city-centre location in Riga Fereou, Limassol
• Spacious verandas and floor-to-ceiling windows
• Open-plan kitchen, living, and dining areas
• Covered parking space and storage room for each unit
• Secure entrance with video access system and fire-resistant doors
• Preparation for electric car charging in every parking space

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