+ 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. 48383

2

Bedrooms

80 sq.m.

Square

Parameters

Property Description

This newly developed four-story building offers a selection of thoughtfully designed apartments in a quiet, central neighborhood of Limassol. Ideally located near schools, healthcare services, retail centers, and major transport routes, the project is tailored for residents seeking practical urban living without sacrificing comfort or convenience.

The building consists of just 7 units: three one-bedroom apartments, three two-bedroom residences, and a spacious three-bedroom penthouse. Each unit features generous interiors, large private balconies, and high-quality finishes. Residents benefit from advanced infrastructure and enhanced privacy, making the project suitable for long-term living or investment.

The penthouse unit includes a private rooftop garden with a BBQ area, a hot tub, and smart home automation, offering added value for those seeking premium features.

Secure access, modern amenities, and private parking with electric vehicle charging capabilities ensure ease of use and long-term functionality for all residents.

OFFER 

Interior Design Package with every apartment purchase (interior planning & design with 3D renders – excluding electrical appliances, furniture, and decorative items) 

The main features of the project and the units:

• 3 one-bedroom apartments
• 3 two-bedroom apartments
• 1 three-bedroom penthouse with private rooftop garden
• Spacious layouts and large balconies
• High-quality finishes and contemporary design
• Quiet, central Limassol location
• Parking space with EV charging point for each unit
• Private storage rooms (one per apartment, located on the roof)
• Full-color video entry intercom system
• Remote-controlled electric entrance gates
• CCTV security system in communal areas
• Concealed A/C in living rooms, wall-mounted A/C in bedrooms
• Penthouse includes home automation for lighting, climate, sound, and security
• Penthouse BBQ area, hot tub, double-stack parking
• Underfloor heating and A/C in penthouse bedrooms and living room

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

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Verified property

2 bedrooms Apartment in Limassol, Cyprus No. 55473

495 000

2 Bedrooms

2 Bathrooms

IV quarter, 2027

80 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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