€ 617 000

€ 6 780 / 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 Limassol, Cyprus No. 48324

Bedrooms

91 sq.m.

Square

Parameters

Property Description

A new residential development in Limassol features contemporary apartments, including three penthouses and a “villa” with a private pool. Situated in the Ayia Filaxis area, it offers a balance of privacy and accessibility, with proximity to international schools, essential amenities, and major city landmarks. The project is designed with modern architecture, high-end finishes, and panoramic views of the Mediterranean Sea and Limassol skyline.

Residents benefit from luxury amenities, including an outdoor infinity pool, gym, hammam, sauna, massage therapy room, and a landscaped garden. The development also features a private residents' lounge, a game area, and a library, creating an exclusive living environment.

Security and convenience are key, with 24/7 concierge service, underground parking, smart home technology, and a comprehensive security system. High-quality materials, thermal-insulated windows, and energy-efficient features ensure long-term value for homeowners and investors.

The main features of the project and the units:

• High ceilings (3m)
• Panoramic double-glazed windows
• Italian kitchens and premium finishes
• Smart home system
• Underfloor heating and VRV air conditioning
• Outdoor infinity pool
• Gym, hammam, sauna, and massage therapy room
• 24/7 concierge and security system
• Underground parking and private storage

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Storage room

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

2 Bedrooms

91 sq.m.

+ VAT

2 Bedrooms

91 sq.m.

+ VAT

2 Bedrooms

91 sq.m.

+ VAT

Verified property

2 Bedrooms

3 Bathrooms

IV quarter, 2022

91 sq.m.