+ 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%

3 bedrooms Apartment in Limassol, Cyprus No. 51000

3

Bedrooms

110 sq.m.

Square

Parameters

Property Description

This development offers a sanctuary for those who crave the fusion of opulence and city living.

Designed with both practicality and style in mind, the open-plan living rooms and dining areas in the apartments offer an ideal setting for both intimate gatherings and lively social evenings.

Each space is designed to evoke a sense of tranquility and opulence, offering relaxation and rejuvenation. The bedrooms are comfortable with bespoke decor, while the bathrooms feature quality fixtures and spa-like amenities.

Experience a blend of style and functionality, to have a refined living at its finest.

The Project has EPC certificate with "A" Energy Efficiency Rating.

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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110 sq.m.

+ VAT

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3 Bathrooms

1 Floor

110 sq.m.

Verified property

3 bedrooms Apartment in Agios Tychonas, Limassol, Cyprus No. 50913

630 000

3 Bedrooms

3 Bathrooms

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+ VAT

675 000

3 Bedrooms

110 sq.m.

+ VAT

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