+ 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. 54479

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

For sale: A modern 1st-floor apartment in Limassol City – Katholiki, offering 50 sq.m. of comfortable living space. This off-plan property includes 1 bedroom, 1 bathroom, a sleek kitchen, and a cozy living room. It features air conditioning, double-glazed windows, tiled floors, and an energy efficiency certificate rated A. Enjoy the convenience of a closed parking space, elevator, and storage room. Located near the sea and city center, the apartment provides stunning city views. Ideal for modern urban living or investment, combining comfort and accessibility in one of Limassol’s most sought-after areas. Don’t miss this opportunity to own a stylish home close to all amenities.

Features

City center

City center

City view

City view

Off-plan development

Off-plan development

Elevator

Elevator

Private parking

Private parking

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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Verified property

1 bedroom Apartment in Limassol, Cyprus No. 55249

300 000

1 Bedrooms

1 Bathrooms

50 sq.m.

+ VAT

1 bedroom Apartment in Limassol, Cyprus No. 54479

1 bedroom Apartment in Limassol, Cyprus No. 54479

Features

Location

City center

City center

City view

City view

Features

Off-plan development

Off-plan development

Indoor facilities

Elevator

Elevator

Private parking

Private parking

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