+ 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. 49530

2

Bedrooms

119 sq.m.

Square

Parameters

Property Description

This exclusive project is located in a prestigious area of Limassol, in the heart of the tourist area, just a short walk from the beach. The project consists of 29 luxury apartments from the 4th to the 12th floor - all apartments have sea views, spacious balconies and on the upper floors there are 3 luxury penthouses with private pool, BBQ area and private garden.

The main features of the project and the apartments:

• Lobby, equipped two-story gym with state-of-the-art equipment with a huge pool and spacious common areas.
• On the 1st and 2nd floors of the building there is a spacious 2-story gym with world-class fitness equipment, 25-meter swimming pool, sauna, Jacuzzi.
• Floor heating, floor-to-ceiling windows,high ceilings.
• There is a cozy and comfortable children's playground in the adjacent area of GF.
• The interior of the complex is fenced and guarded 24 hours a day.
• The spacious underground garage offers 56 parking spaces (5 of which are handicapped accessible) and 43 storage spaces.
• There are 10 guest parking spaces.
• Owners have remote access to the complex's video surveillance system.
• An access and control system (ACCS) integrates intelligent security systems into a single system with a single control center.

The Project has 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

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2 100 000

2 Bedrooms

119 sq.m.

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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