3 bedrooms Apartment in Limassol, Cyprus No. 53072
3
Bedrooms
3
Bathrooms
99 sq.m.
Square
€ 550 000
€ 5 556 / sqm
+ VAT
+ 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.
Parameters
Property Description
This mixed-use project is set in the centre of Limassol, right next to the Ajax Hotel, with every convenience close at hand — banks, schools, shops and hotels, including the Alphamega supermarket and Jumbo store. The highway is just 3 minutes away, and the beach is within a 7–8 minute walk.
The project combines residential and commercial properties: five apartments with 2 and 3 bedrooms and commercial shops on different levels, ranging from 60 m² to 100 m². A 3-bedroom apartment of 99 m² is offered on the 1st floor: it comes semi-furnished, with 3 bathrooms, a balcony and a covered parking space, while the building is equipped with an elevator and an alarm system.
The commercial area of 238 m² is sold as a whole, with exclusive access and a private lift, 5 covered parking spaces, a storage room and two extra areas of 160 m² with big potential for extension. A big discount is offered when buying the residential and commercial properties together.
The main features of the project and the units:
• Residential and commercial properties in one project
• 5 apartments with 2 and 3 bedrooms
• Commercial shops on different levels, from 60 m² to 100 m²
• 3-bedroom apartment of 99 m² on the 1st floor
• 3 bathrooms
• Semi-furnished
• Balcony
• Covered parking
• Elevator
• Alarm system
• Commercial area of 238 m² sold as a whole, with exclusive access and a private lift
• 5 covered parking spaces for the commercial area
• Storage room
• Two extra areas of 160 m² with potential for extension
• Discount when buying the residential and commercial properties together
• 3 minutes to the highway, 7–8 minutes' walk to the beach
• Banks, schools, shops and supermarkets nearby
The project has an EPC certificate with "A" energy efficiency rating.
Features
Car park
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