€ 695 000

€ 5 890 / 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%

3 bedrooms Apartment in Limassol, Cyprus No. 48583

Bedrooms

118 sq.m.

Square

Parameters

Property Description

Located in a quiet central neighborhood of Limassol, this residential development offers convenient access to the city’s main roads and a full range of urban amenities. Positioned just off Ayia Zoni Street, it ensures easy connectivity to Makarios Avenue, the main shopping district, government offices, schools, clinics, and Limassol Marina, which is only a few minutes away by car.

The building consists of five floors and includes a variety of apartment layouts designed for comfortable living. Each unit includes private parking and storage space. The property is built with durable, modern materials and includes several practical features that support a convenient urban lifestyle.

The main features of the project and the units:

• Five-storey residential building
• One 2-bedroom and one 3-bedroom apartment on each of the 1st to 4th floors
• One 3 or 4-bedroom penthouse with roof garden
• 3-bedroom units: 118 m² + 25 m² covered balcony
• One parking space and one storage room per apartment
• VRV air conditioning provision
• Central heating provision
• High-quality kitchens and wardrobes
• Remote-controlled gated entry and video intercom
• High-quality flooring and tiles
• CCTV in parking area
• Water pressure system
• Electric car charging point for each apartment
• High ceilings
• Children's garden/playground area
• Modern aluminium window frames

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