2 bedrooms Apartment in Limassol, Cyprus No. 52465

2

Bedrooms

95 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

The project consists of three modern buildings, being five floors with the option of a layout (of two or three bedrooms) spacious apartments, with sizeable balconies and sea views. The complex will be with a gated entrance and a concierge at the reception. A connected secure spacious underground parking will connect the three buildings.  

Extensive up-market facilities include:

• Gated Entrance

• Concierge Services

• Fully equipped gym on the ground level

• Secure underground parking

• Lounges for each building

• 17 x 5 M Common Swimming Pool

• Changing facilities for the residences 

• One parking space for each apartment

• One store room for each apartment on the ground level

• Landscaped gardens and children’s playground

• Walking distance to the sea

• Sea views

The Project has EPC certificate with "B" Energy Efficiency Rating

Features

Car park

Car park

Common area with pool

Common area with pool

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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Features

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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