+ 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%

864m2 Building in Agios Ioannis, Limassol, Cyprus No. 53744

864 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Introducing a new standard of modern Living. Discover a boutique residential development of eight uniquely designed two-bedroom apartments, with future potential to expand to 12 premium residences. Each apartment features spacious interiors, expansive balconies, and dedicated covered parking, thoughtfully designed for contemporary lifestyles. Exclusive top-floor penthouses offer private roof gardens—perfect for entertaining or unwinding under the Mediterranean sun. Prime Location: Just minutes from the iconic City of Dreams Mediterranean, with easy access to fine dining, luxury spas, world-class hospitality, and family entertainment. secure your place in this exceptional development today. Excellent ROI
Contact us today to arrange a viewing or request more information.

Similar Property

Verified property

803m2 Building in Livadia, Larnaka, Cyprus No. 56092

3 700 000

IV quarter, 2025

803 sq.m.

+ VAT

Verified property

761.1m2 Building in Agios Athanasios, Limassol, Cyprus No. 55137

3 500 000

IV quarter, 2026

761.1 sq.m.

Verified property

570.15m2 Building in Germasogeia, Limassol, Cyprus No. 54217

3 300 000

IV quarter, 2026

570.15 sq.m.

+ VAT

Verified property

550m2 Building in Strovolos, Nicosia, Cyprus No. 53751

900 000

IV quarter, 1984

550 sq.m.

864m2 Building in Agios Ioannis, Limassol, Cyprus No. 53744

864m2 Building in Agios Ioannis, Limassol, Cyprus No. 53744

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more