€ 290 000

€ 5 273 / 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%

1 bedroom Apartment in Limassol, Cyprus No. 53601

Bedrooms

Bathrooms

55 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

A beautifully designed new one-bedroom apartment located on the 4th floor of a modern development in Limassol City. With a total covered area of 55 sq.m., this bright and airy residence offers a smart, contemporary layout ideal for comfortable city living or a high-yield investment.
The apartment features one spacious bedroom, one bathroom, one WC, an open-plan kitchen and living area, private storage, and one covered parking space. It is equipped with air conditioning and a boiler, and boasts an Energy Efficiency Certificate A.
Designed to maximize natural light, the property is sunny, airy, and quiet, offering open panoramic city views and views of nearby parks and public squares. Built to high safety standards, it includes a security entrance door, alarm system, fire extinguishing system, fire extinguishers, and smoke detectors.
Ideally positioned within close proximity to public transport, parks, schools, kindergartens, supermarkets, public markets, the city center, university, and a wide selection of cafés and restaurants.
An excellent opportunity for first-time buyers or investors seeking a stylish, low-maintenance property in a prime Limassol location.