2 bedrooms Apartment in Limassol, Cyprus No. 52395

Bedrooms

80 sq.m.

Square

€ 400 000

€ 5 000 / 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 modern living in a well-connected yet peaceful area of Limassol. The project consists of two buildings with spacious apartments, ranging from one-bedroom units to penthouses with private roof gardens. Designed for comfort and functionality, the residences feature large windows, high-quality finishes, and well-planned layouts.

Residents have access to landscaped common areas, a swimming pool, and energy-efficient amenities. The project incorporates sustainable technologies, security features, and fully furnished units for a seamless move-in experience. Its prime location provides easy access to essential services, major highways, and key city destinations.

The main features of the project and the units:

• Prime location
• Variety of apartment types
• Private roof gardens for penthouses
• Landscaped common areas
• Swimming pool
• Energy-efficient design
• Photovoltaic solar panels
• Electric heating systems
• High-security entrance doors
• Video phone systems
• Split-unit air conditioning
• Fully furnished apartments
• Built-in wardrobes and modern kitchens
• Double-glazed windows

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