+ 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%

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 55072

3

Bedrooms

3

Bathrooms

96 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

This modern three-floor development is located in the rapidly growing area of Kato Polemidia, Limassol, offering a perfect blend of tranquility and accessibility. Just minutes from the highway and close to Limassol’s Mall, it is surrounded by major developments such as the City of Dreams, a new Golf Club, and high-profile residential and commercial projects—making it an excellent opportunity for homeowners and investors. Delivery Dec. 2026

Features

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Solar panel for water heating

Solar panel for water heating

New project

New project

Private parking

Private parking

Similar Property

385 000

3 Bedrooms

96 sq.m.

+ VAT

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96 sq.m.

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3 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 55351

375 000

3 Bedrooms

2 Bathrooms

IV quarter, 2025

96 sq.m.

395 000

3 Bedrooms

96 sq.m.

+ VAT

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 55072

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 55072

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

New project

New project

Indoor facilities

Private parking

Private parking

Outdoor features

Supermarket

Supermarket

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