2 bedrooms Apartment in Limassol, Cyprus No. 51321

2

Bedrooms

86 sq.m.

Square

+ 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%

Parameters

Property Description

Situated in a well-positioned and emerging residential area, this contemporary development offers a refined collection of 1 and 2 bedroom apartments. Designed with efficient layouts and modern living standards, the project provides an ideal setting for both homeowners and investors seeking quality and comfort.

Located within easy reach of key transport links and everyday amenities in Limassol, residents benefit from convenient access to shopping areas, schools, business districts and nearby leisure destinations.

The development represents a smart opportunity for contemporary living and long-term value in a growing neighborhood.

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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