+ 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%

2 bedrooms Apartment in Limassol, Cyprus No. 55150

2

Bedrooms

2

Bathrooms

89 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Modern 2-Bedroom Apartment for Sale in Kapsalos, Limassol
Discover contemporary living in one of Limassol’s most sought-after residential areas. This stylish 89 sq.m. third-floor apartment is currently under construction and offers the perfect combination of comfort, energy efficiency, and convenience.
• Property Features:
89 sq.m. internal covered area
2 spacious bedrooms
2 modern bathrooms
Energy Efficiency Certificate A
Air conditioning provisions
Aluminium frames with double-glazed windows
Private storage room
Security alarm system
Solar water heating system
Photovoltaic system for reduced energy costs
Delivery Date: December 2027
• Prime Location
Ideally situated in Kapsalos, Limassol, close to the city center, the seafront, cafés, restaurants, schools, and all essential amenities, making it an excellent choice for both residence and investment.
• A contemporary home designed for modern lifestyles, offering quality construction, energy-efficient features, and a prime central location in Limassol.

Features

City center

City center

Alarm system

Alarm system

Solar panel for water heating

Solar panel for water heating

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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89 sq.m.

+ VAT

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Verified property

2 bedrooms Apartment in Mesa Geitonia, Limassol, Cyprus No. 37259

425 000

2 Bedrooms

2 Bathrooms

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+ VAT

2 bedrooms Apartment in Limassol, Cyprus No. 55150

2 bedrooms Apartment in Limassol, Cyprus No. 55150

Features

Location

City center

City center

Features

Alarm system

Alarm system

Solar panel for water heating

Solar panel for water heating

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