+ 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. 4949

2

Bedrooms

127 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Boutique project, created and designed for living on the coast, is located in one of the most promising areas of Limassol, combining elements of eclectic design and luxurious finishing materials, creating all the conditions for a Mediterranean lifestyle.

• Boutique project of 30 apartments, located within walking distance from the sea.
• Spacious terraces and a communal pool for residents.
• The beach and the city center are within walking distance.

For sale apartments with 2 bedrooms with a total covered area of 127 m2, of which 89 m2 is the area of the apartment, the rest is covered verandas + 9 m2 of open verandas. The apartment is located on the second floor and has a view of the pool and garden. The comfortable, well-thought-out layout offers a spacious kitchen-dining room, a living room with access to a covered terrace, two bedrooms and two bathrooms. 

• Apartment area  127 m2
• Number of bedrooms  2
• Number of bathrooms 2
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Air conditioning system
• Parking
• Storeroom
• Distance to the sea 800 m
• Nearby eucalyptus grove Dasudi
• The new ready-made complex is suitable for permanent residence
• The cost is 650,000 euros (registration for two families is possible, for example, for parents and a married adult child and his family)

 

More detailed information, additional photos, live screenings and consultations: whatsapp/viber/telegram

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Statistics

€ 4 952

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

€ 1 481

Apartment (1 bedroom) Outside of Centre

€ 1 244

Apartment (3 bedrooms) in City Centre

€ 2 378

Apartment (3 bedrooms) Outside of Centre

€ 1 882

Buy Apartment Price

Price per square metre in the city centre

€ 4 952

Price per square metre outside the city centre

€ 3 672

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2 bedrooms Apartment in Limassol, Cyprus No. 4949

2 bedrooms Apartment in Limassol, Cyprus No. 4949

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