+ 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%

1 bedroom Apartment in Agios Athanasios, Limassol, Cyprus No. 48142

1

Bedrooms

60 sq.m.

Square

Parameters

Property Description

This three-story residential development is situated in an elevated part of Agios Athanasios, offering sea views and easy access to Limassol city center. The project includes a well-planned common area on the ground level with a swimming pool, barbecue zone, and covered parking, providing practical amenities for residents.

The building consists of a variety of apartment types spread across all three levels:

• The ground floor features the main entrance, storage units for all apartments, and shared facilities.
• The first and second floors each include three two-bedroom apartments and one one-bedroom apartment.
• The third floor comprises three penthouses, each with access to a private roof garden, along with an additional one-bedroom unit.

Each apartment has been designed with attention to comfort, functionality, and durability. Large sliding windows ensure ample natural light, while the building is fully insulated using modern materials for energy efficiency. Quality construction and finishing materials have been applied throughout, including ceramic tiles from Spain, quartz vinyl flooring in living areas, and waterproofing solutions from Mapei.

Additional features include underfloor heating, centralized air conditioning units, and a ventilation system with heat recovery. Kitchens are equipped with durable fronts and high-standard fittings, while bathrooms feature sanitary ware from trusted European brands.

Security and sustainability are also considered: solar panels are installed for each unit, parking spaces are equipped with EV charging points, and the building includes central CCTV and alarm systems.

The main features of the project and the units:

• Located in Agios Athanasios, Limassol
• Three-story residential building
• Ground floor with shared pool, BBQ area, storage rooms, and covered parking
• 1st & 2nd floors: 3 two-bedroom and 1 one-bedroom apartment each
• 3rd floor: 3 penthouses with roof gardens and 1 one-bedroom apartment
• Large sliding windows (Muskita MU144) with energy-efficient glazing
• Thermal insulation with Fibran EPS and silicone plaster finish
• Waterproofing with Mapelastic by Mapei
• Daikin air conditioning units
• Plumbing fixtures by Aqua Gallery, Grohe, Axo, Blanco
• Underfloor heating (heating mats for screed/tiles)
• Quartz vinyl flooring in living areas, ceramic tiles in bathrooms
• Spanish ceramic tiles in common areas
• Heat recovery ventilation system
• Kitchens with Zenit fronts and Blum mechanisms
• DOOR SAFETY PORTA NOVA entry doors
• EV charging terminals at each parking space
• Solar panel system (~3.5 kW per apartment)
• Water heating by Elcora
• Central CCTV in parking and lobby
• Individual alarm systems in each unit

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

Features

Storage room

Storage room

Car park

Car park

Common area with pool

Common area with pool

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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