+ 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%

2 bedrooms Apartment in Limassol, Cyprus No. 53396

2

Bedrooms

1

Bathrooms

79 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment in Omonia, Limassol
Situated on the 2nd floor in the rapidly developing area of Omonia, this contemporary 79 sq.m. apartment offers an excellent opportunity for both homeowners and investors.
The apartment features 2 spacious bedrooms, 1 modern bathroom, and a bright open-plan living and kitchen area designed for comfortable everyday living. The property also includes 1 covered parking space, a private storage room, and elevator access.
Currently under construction with an Energy Efficiency Rating of A, this apartment combines modern design with energy-efficient living. Ideally located just minutes from the sea, MyMall, Limassol city centre, public transport, and a wide range of everyday amenities, it offers both convenience and strong investment potential.
Delivery Date: 04/2028

Features

Close to shopping malls

Close to shopping malls

City center

City center

Elevator

Elevator

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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+ VAT

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+ VAT

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2 bedrooms Apartment in Paralimni, Ammochostos, Cyprus No. 51150

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2 Bedrooms

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+ VAT

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2 Bedrooms

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2 bedrooms Apartment in Limassol, Cyprus No. 53396

2 bedrooms Apartment in Limassol, Cyprus No. 53396

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Indoor facilities

Elevator

Elevator

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