2 bedrooms Apartment in Limassol, Cyprus No. 51656

Bedrooms

Bathrooms

87 sq.m.

Square

€ 440 000

€ 5 057 / sqm

+ 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

Located on the 3rd floor of a six-storey gated residential complex, this well-appointed two-bedroom apartment offers a thoughtful combination of comfort, style, and urban convenience. The open-plan layout connects the living area and kitchen in a fluid, light-filled space, complemented by panoramic windows that frame impressive city views.

The interior is finished to a high standard, with tiled and laminate flooring, built-in wardrobes, and a VRF air conditioning system in the living room alongside individual units in the bedrooms. The kitchen is fully equipped with appliances, and the apartment includes quality sanitary ware throughout. A covered veranda of 29 m² extends the living space outdoors, providing a private area to enjoy the surroundings.

The complex offers secure access with an intercom system, a lift, and private grounds. Each apartment comes with a dedicated parking space and a storage room.

The location is highly convenient: public transport stops, cafés, shops, a school, beauty salons, and a medical centre are all within walking distance. The beach, Limassol Castle, and the zoo are just minutes away by car. The wider neighbourhood offers easy access to the city's vibrant waterfront, yacht marina, restaurants, boutiques, and a rich variety of leisure activities.

The main features of the project and the units:

• 2-bedroom open-plan apartment
• 2 bathrooms
• 3rd floor of a 6-storey building
• Covered veranda, 29 m²
• Panoramic windows with city views
• VRF air conditioning in living room, individual units in bedrooms
• Fully equipped kitchen with appliances
• Built-in wardrobes
• Quality sanitary ware
• Tile and laminate flooring
• Dedicated parking space
• Private storage room
• Lift and secure intercom-controlled entrance
• Private gated grounds

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