+ 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. 48727

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

Parameters

Property Description

Two-bedroom apartments located in the Agios Nikolaos area of Limassol, in close proximity to Jumbo and major local amenities. The layout includes a well-proportioned living area and thoughtfully planned interior space suitable for comfortable everyday living.

Each apartment features an internal covered area of 80 square meters and a 15-square-meter covered veranda. The living room occupies 32 square meters, while both bedrooms are 10 square meters each. There are two bathrooms in every unit. Air conditioning units by GREE are installed in the apartments.

A covered parking space and a private storage room are available for each unit.

The main features of the units:

• Located in Agios Nikolaos, Limassol
• Two-bedroom apartments
• Internal covered area: 80 sqm
• Covered verandas: 15 sqm
• Living room: 32 sqm
• Two bedrooms: 10 sqm each
• Two bathrooms
• A/C units by GREE
• One covered parking space per apartment
• One private storage room per apartment
• Close to Jumbo and local amenities

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

Similar Property

385 000

2 Bedrooms

80 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 54219

388 492

2 Bedrooms

2 Bathrooms

80 sq.m.

+ VAT

389 000

2 Bedrooms

80 sq.m.

+ VAT

389 000

2 Bedrooms

80 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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