2 bedrooms Apartment in Limassol, Cyprus No. 52096

Bedrooms

Bathrooms

81 sq.m.

Square

€ 540 000

€ 6 667 / 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

This residential development offers a limited collection of 29 private residences, thoughtfully designed to combine comfort, functionality, and contemporary urban living. The project includes one-, two-, and three-bedroom apartments arranged across four elegant floors, with layouts created to support everyday convenience and well-balanced living spaces.

Each apartment benefits from dedicated storage facilities, as well as underground and ground-floor parking. Selected top-floor residences feature private rooftop gardens positioned over 13 metres above ground level, providing open views towards the city, the mountains, and the sea. Architectural elements such as wave-like terraces, natural materials, and integrated greenery contribute to a calm and visually appealing residential environment.

The location in the Agios Nektarios area of Limassol offers a balance of tranquillity and connectivity. Key city attractions and daily amenities are easily accessible, with parks, the seafront, and the promenade just a short drive away, as well as convenient access to the highway, the port, the marina, and the historic city centre.

The main features of the project and the units:
• Limited collection of 29 apartments
• One-, two-, and three-bedroom units
• Four-storey residential building
• Dedicated storage rooms
• Underground and ground-floor parking
• Private rooftop gardens in selected top-floor apartments
• Elevated position with city, mountain, and sea views
• Architecturally designed terraces and landscaped elements
• Less than 5 minutes’ drive to the seafront, park, zoo, and promenade
• Less than 10 minutes’ drive to the highway
• Less than 15 minutes’ drive to the port, marina, and historic centre

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