+ 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. 47815

2

Bedrooms

2

Bathrooms

88 sq.m.

Square

Parameters

Property Description

This residential project is located just 100 meters from the beach in Germasogeia, Limassol. It offers a selection of 1-, 2-, and 3-bedroom apartments, some with roof gardens and pools. The development provides sea views from the third floor and combines modern facilities with convenient access to both city amenities and the coastline.

The main features of the project and the units:

• 1-, 2- and 3-bedroom apartments
• Roof gardens with pools
• Sea views from the 3rd floor
• High ceilings
• Modern kitchens with EU brand appliances
• Luxurious finishes and materials
• Heating and VRV system
• Underfloor heating
• Double-glazed thermal aluminum windows
• Photovoltaic system
• Underground parking
• Gated and secured property
• Entrance lobby

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

1 113 000

2 Bedrooms

88 sq.m.

+ VAT

1 015 880

2 Bedrooms

88 sq.m.

+ VAT

966 000

2 Bedrooms

88 sq.m.

+ VAT

947 880

2 Bedrooms

88 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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