478m2 Commercial property in Apostolos Andreas, Limassol, Cyprus No. 52544

478 sq.m.

Square

€ 2 500 000

€ 5 230 / 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 project brings together contemporary aesthetics with practical, comfortable living. The architecture is defined by clean lines, striking geometric facades, glass balconies, and lush greenery on every level — a perfect balance of light and shadow, privacy and openness.

Situated in a peaceful residential neighbourhood just five minutes from the coast and fifteen minutes from Larnaca Airport, this development offers a serene setting without compromising on connectivity. Only a few apartments are available in the building, with each residence feeling like a private home.

The interiors are thoughtfully designed to maximize comfort and functionality. Spacious kitchens, living rooms, and generously proportioned bedrooms create an atmosphere of ease, while panoramic windows frame views of greenery and sky. Each apartment features a private balcony with landscaping, creating an extension of the living space that captures morning sunlight and evening tranquility.

A sophisticated approach to comfort runs throughout. Underfloor heating ensures a warm, welcoming atmosphere during cooler months, while quiet climate control maintains perfect conditions year-round. Premium sound insulation, high-end finishes, and smart home readiness reflect a commitment to quality living. The building includes elevator access for convenience, private covered parking, and individual storage rooms for each unit.

The main features of the project and the units:

• Underfloor heating
• Air conditioning
• Elevator access
• Private covered parking
• Individual storage rooms
• Green balconies with landscaping
• Spacious verandas
• Panoramic windows
• Smart home readiness
• Premium sound insulation
• 1-bedroom and 2-bedroom apartments
• Unit sizes from 53.10 to 79.70 m²
• Covered verandas from 9 to 24.60 m²
• Quiet residential location near the coast

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

Features

Storage room

Car park

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