+ 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%

1 bedroom Apartment in Mesa Geitonia, Limassol, Cyprus No. 48769

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

Parameters

Property Description

Located in the Mesa Geitonia area of Limassol, this residential development consists of nine apartments across multiple unit types, including one-bedroom, two-bedroom, and a penthouse unit. 

The layout emphasizes comfort and practicality, with attention given to efficient use of space and natural light. Residents benefit from added features such as private terraces, roof gardens, and designated storage areas. The gated complex includes greenery throughout the premises, security systems including CCTV, and photovoltaic panels to support energy efficiency.

With its close proximity to the city center, the coastline, and the main tourist area, the location allows convenient access to a range of services, retail areas, and leisure destinations. This positioning makes it suitable for both permanent residence and investment purposes.

The main features of the project and the units:

• Located in Mesa Geitonia, Limassol
• 9 apartments in total
• 6 one-bedroom apartments
• 2 two-bedroom apartments
• 1 two-bedroom penthouse
• Gated residence with CCTV
• Roof gardens and private terraces
• Storage areas for residents
• Photovoltaic panels for energy efficiency
• Landscaped green areas
• 2 minutes from the Mediterranean Sea
• 5 minutes from Limassol city center
• 1 minute from the tourist zone with resorts and restaurants

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

Features

Storage room

Storage room

Car park

Car park

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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