€ 440 000

€ 8 627 / 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%

1 bedroom Apartment in Limassol, Cyprus No. 48252

Bedrooms

51 sq.m.

Square

Parameters

Property Description

This residential development is located in one of Limassol’s most dynamic urban districts, forming part of the city’s broader development strategy. Designed as a gated community, the project blends private living with access to a wide range of shared facilities aimed at promoting both active and social lifestyles.

The community offers a mix of 1-, 2-, 3-, and 4-bedroom residences, ranging in size from 50 to 250 m². Units are distributed across multiple buildings, each featuring original artwork by Italian artist Francesco Camillo Giorgino (known as Millo), whose large-scale murals have appeared in cities across Europe, Asia, and North America.

Residents benefit from a thoughtfully designed, car-free courtyard that includes landscaped gardens, a children’s playground, an outdoor gym, and a swimming pool. Additional amenities include a fully equipped fitness center, sauna, and a clubhouse with social and meeting spaces. Underground parking is available for all units, with EV chargers installed at every parking spot.

This location continues to attract residential and investment interest, offering connectivity to the city while maintaining a strong sense of community and functionality.

The main features of the project and the units:

• Gated community
• 1-, 2-, 3-, and 4-bedroom residences (50–250 m²)
• Car-free central courtyard
• Kids’ playground
• Swimming pool
• Landscaped gardens
• Outdoor sports equipment
• Gym and sauna
• Underground parking
• EV chargers at each parking space
• Clubhouse with social areas and meeting rooms
• Located within a growing urban area of Limassol

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