+ 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 Agios Mamas, Limassol, Cyprus No. 50533

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

Parameters

Property Description

Situated at the entrance of Lakatamia, this development enjoys a highly convenient and strategic position with seamless access to Strovolos and the Metro roundabout. The area combines suburban tranquility with close proximity to key urban amenities, making daily commuting and access to services effortless. Its prime setting enhances both lifestyle and investment appeal, offering residents the perfect balance between peaceful living and city connectivity.

This ultra-modern residential project consists of just seven apartments, including six spacious two-bedroom units and one one-bedroom apartment, designed with a focus on functionality and timeless elegance. Each residence is fully independent, ensuring privacy and comfort, while the architectural design showcases refined aesthetics and carefully selected exterior finishes. With only two two-bedroom apartments still available, this development presents a rare opportunity to secure a stylish and comfortable home built for long-term value.
Floor: 1st

Features

PVC double glazed windows

PVC double glazed windows

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Good quality

Good quality

Transport accessibility

Transport accessibility

Similar Property

190 000

2 Bedrooms

83 sq.m.

+ VAT

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2 Bedrooms

83 sq.m.

+ VAT

198 000

2 Bedrooms

83 sq.m.

+ VAT

198 000

2 Bedrooms

83 sq.m.

+ VAT

2 bedrooms Apartment in Agios Mamas, Limassol, Cyprus No. 50533

2 bedrooms Apartment in Agios Mamas, Limassol, Cyprus No. 50533

Features

Features

PVC double glazed windows

PVC double glazed windows

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Balcony

Balcony

Solar panel for water heating

Solar panel for water heating

Good quality

Good quality

Outdoor features

Transport accessibility

Transport accessibility

Park

Park

Supermarket

Supermarket

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