+ 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. 48614

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

Parameters

Property Description

Located in the Columbia area of Potamos Germasogeias, Limassol, these two-bedroom apartments offer practical living in a low-density residential building. Each floor of the building features a single apartment, ensuring privacy and limited shared space. The properties are designed for functional everyday living with thoughtful layout and energy-efficient features.

The apartments offer covered living areas of 82 m², complemented by 18 m² covered verandas. The building is equipped with photovoltaic panels and underfloor heating. Energy performance is rated Class A. Each unit includes a dedicated covered parking space and a private storage room.

The property is situated on a quiet cul-de-sac, within walking distance to Kolonakiou Street, offering easy access to supermarkets, banks, pharmacies, and other amenities. The beach and tourist area are just a 2-minute drive away.

Apartments are available and ready to move in.

The main features of the project and the units:

• 2 bedrooms
• Covered internal area: 82 m²
• Covered veranda: 18 m²
• One apartment per floor (3 units total)
• Photovoltaic panels
• Underfloor heating
• Covered parking
• Private storage room
• Located in Columbia area, Limassol
• Walking distance to Kolonakiou Street
• 2-minute drive to the beach
• Ready to move in

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

Features

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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Features

Outdoor features

Car park

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