+ 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 Limassol, Cyprus No. 4954

1

Bedrooms

72 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: The new boutique residence consisting of 30 apartments offers a choice of 1-bedroom apartments with a total covered area of 72 m2, of which the apartment is 50 m2, the rest is a covered terrace. Convenient layout, excellent quality of construction, exceptional location - convenient for permanent residence, as well as for recreation or rental.• 1-Bedroom Apartment
• Area 72 m2
• Built-in kitchen
• Household appliances
• Built-in wardrobes in the bedrooms
• Equipped bathrooms
• Fenced area
• Swimming pool for residents of the complex
• Parking space
• Beautiful garden
• 800 m from the sea
• Near Dasudi Park
• Suitable for permanent residence PR Fast Track
• Interest-free installments until the end of construction

 

More detailed information, additional photos, availability of apartments, 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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1 bedroom Apartment in Limassol, Cyprus No. 4954

1 bedroom Apartment in Limassol, Cyprus No. 4954

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