+ 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. 49638

2

Bedrooms

2

Bathrooms

87 sq.m.

Square

Parameters

Property Description

A contemporary, eco-conscious apartment complex designed for comfortable and affordable city living. The south-facing building is bathed in natural sunlight throughout the day. Rising three storeys with 9 residential units, it offers a rooftop garden, spacious storage spaces and covered parking. Homes combine high-quality finishes with sustainable features — underfloor heating for year-round comfort, solar panels and the use of alternative energy sources. Residents enjoy sea views and 24-hour security. The setting is convenient yet peaceful — a short distance from the Limassol highway, with easy access to the city, beaches, the mountains, shopping centres, transport hubs and major workplaces.

The main features of the project and the units:

• Underfloor heating
• South-facing building
• Sea view
• Rooftop garden
• Spacious storage spaces
• Covered parking
• 24-hour security
• Use of alternative energy sources and solar panels
• Three-storey building, 9 apartments (2 & 3 bedrooms)

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

Features

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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Features

Outdoor features

Car park

Car park

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