+ 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. 55042

1

Bedrooms

1

Bathrooms

57.11 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 1-Bedroom Apartment for Sale – Kapsalos, Limassol
A contemporary off-plan 1-bedroom apartment located in the popular Kapsalos area of Limassol, just minutes from the city center. With a total covered area of 57.11 sq.m., this property is ideal for comfortable living or a smart investment.
Situated on the 1st floor, the apartment offers 1 bedroom, 1 modern bathroom, and a bright open-plan living and kitchen area with city views . The design combines functionality with modern aesthetics, providing a welcoming and practical living space.
The apartment features underfloor heating, Energy Efficiency Certificate A, and high-quality materials throughout for maximum comfort and low energy consumption . It also includes 1 covered parking space and a private storage room.
Residents will enjoy premium amenities such as a swimming pool , BBQ area , elevator, CCTV and security cameras , and high-speed internet. The building is located in a quiet neighborhood, while remaining close to cafés, restaurants, local markets, and key city services .
• Estimated Completion: Q3 2027
• A perfect opportunity for buyers seeking a modern home or a high-potential investment in Limassol.

Features

City center

City center

City view

City view

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Off-plan development

Off-plan development

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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1 bedroom Apartment in Limassol, Cyprus No. 55042

1 bedroom Apartment in Limassol, Cyprus No. 55042

Features

Location

City center

City center

City view

City view

Features

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Off-plan development

Off-plan development

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

Barbecue area

Barbecue area

Swimming pool

Swimming pool

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