+ 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. 55151

1

Bedrooms

1

Bathrooms

53 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Modern 1-Bedroom Apartment for Sale in Kapsalos, Limassol
Discover contemporary living in one of Limassol’s most sought-after residential areas. This stylish 53 sq.m. third-floor apartment is currently under construction and offers the perfect combination of comfort, energy efficiency, and convenience.
• Property Features:
53 sq.m. internal covered area
1 spacious bedroom
1 modern bathroom
Energy Efficiency Certificate A
Air conditioning provisions
Aluminium frames with double-glazed windows
Private storage room
Security alarm system
Solar water heating system
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

New project

New project

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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269 700

1 Bedrooms

53 sq.m.

+ VAT

269 700

1 Bedrooms

53 sq.m.

+ VAT

269 700

1 Bedrooms

53 sq.m.

+ VAT

269 700

1 Bedrooms

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+ VAT

1 bedroom Apartment in Limassol, Cyprus No. 55151

1 bedroom Apartment in Limassol, Cyprus No. 55151

Features

Location

City center

City center

Features

Alarm system

Alarm system

Solar panel for water heating

Solar panel for water heating

New project

New project

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