+ 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 Agios Athanasios, Limassol, Cyprus No. 48128

2

Bedrooms

90 sq.m.

Square

Parameters

Property Description

This two-story development combines residential living with commercial functionality in a well-connected part of Agios Athanasios. Designed for flexibility and modern urban living, the project offers both private apartments and a ground-floor retail space, making it suitable for residents and small business owners alike.

The ground floor features a 40 m² commercial unit with an expansive 68 m² veranda, along with covered parking for three vehicles. The first floor includes two two-bedroom apartments, while the second floor consists of a two-bedroom apartment and a two-bedroom penthouse with private access to a roof garden.

All units are designed with attention to insulation, comfort, and energy efficiency. Floor-to-ceiling sliding windows maximize natural light, while thermal and waterproofing systems ensure lasting durability. High-quality interior finishes include quartz vinyl flooring in living spaces, ceramic tiles in bathrooms, and sanitary ware from trusted European brands. Kitchens feature modern cabinetry and premium fittings, and all units are equipped with underfloor heating, Daikin air conditioning systems, and a heat recovery ventilation system.

The building is equipped with solar panels (approx. 3.5 kW per unit), EV charging points, and security systems including CCTV and alarms. Each apartment includes private storage and covered parking.

The main features of the project and the units:

• Located in Agios Athanasios, Limassol
• Two-story building with mixed residential and commercial use
• Ground floor: shop (40 m²) with 68 m² veranda and parking for 3 cars
• First floor: two 2-bedroom apartments
• Second floor: one 2-bedroom apartment and one 2-bedroom penthouse with roof garden
• Large sliding windows (Muskita MU144) with energy-clear glazing
• Tilt-and-turn thermal windows (MU 2075) in bedrooms, kitchens, and bathrooms
• Façade insulation with 8 cm EPS by Fibran and Ceresit silicone plaster
• Full waterproofing with Mapei Mapelastic system
• Daikin air conditioning units
• Plumbing: Aqua Gallery faucets, Grohe systems, Axo toilets, Blanco sinks
• Finishes: Mapeterm AR1 adhesive, Knauf putty, Smaltoplast paints
• Underfloor heating with mats for screed and tile
• Quartz vinyl in living rooms, ceramic tiles in bathrooms and Spanish tiles in common areas
• Heat recovery ventilation system
• Zenit kitchen fronts (or equivalent), Blum mechanisms (or equivalent)
• DOOR SAFETY PORTA NOVA entry doors
• EV charging terminals at each parking space
• Solar panels (~3.5 kW per apartment)
• Water heating system by Elcora
• Central CCTV in parking and lobby
• Individual alarm systems in each apartment

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

Features

Storage room

Storage room

Car park

Car park

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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