+ 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%

49m2 Apartment in Limassol, Cyprus No. 4990

49 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A new ultra-modern gated complex consisting of six luxury condominiums located in one of the most prestigious areas of Limassol.

Each condominium boasts spacious living and dining spaces that are ideal for family gatherings and those intimate moments that are special. Floor-to-ceiling windows that smoothly open onto large verandas are ideal for a breath of fresh air and relaxation. Well-equipped kitchens of European brands with carefully thought-out layout are ideal for cooking and entertainment.

Each condominium offers panoramic views of landscaped green gardens and a luxurious attractive swimming pool. This amazing establishment has a fully equipped gym and a spacious sauna for those who want to keep fit or relieve stress after a long day at work.

Advantages:

• Gated complex with its own facilities: swimming pool, gym and sauna
• Prestigious developing area of Limassol with rapidly growing demand
• 2 minutes from the newly built 18-hole golf course
• Next to the largest and only casino resort in Cyprus "City of Dreams"
• A 2-minute walk away is the famous Lady's Mile Beach
• Across the street from the largest shopping and entertainment center of Limassol
• A 15-minute drive away is the cultural icon of Cyprus - the Ancient Kourion
• A 5-minute drive from the old town of Limassol and the largest yacht club in Cyprus

The complex offers a comfortable lifestyle with outstanding architecture and unique aesthetic touches, complemented by high standards of finishing. This establishment embodies elegance and style, but at the same time combines the fresh eccentric lifestyle of the Mediterranean class.

More detailed information, layouts, specifications, live online and live screenings, individual selection of real estate, the possibility of buying remotely, support of bank transfers when buying real estate: 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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49m2 Apartment in Limassol, Cyprus No. 4990

49m2 Apartment in Limassol, Cyprus No. 4990

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