+ 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. 55337

1

Bedrooms

1

Bathrooms

50 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

For sale: A modern 1-bedroom apartment on the 1st floor, located in the desirable area of Kapsalos, Limassol City. This 50 sq.m. off-plan property offers a stylish and functional layout, ideal for individuals or couples. It features one bedroom, one bathroom, and includes a private covered parking space. Designed for comfort and efficiency, the apartment boasts air conditioning and holds an A+ energy certificate.
Conveniently situated close to schools, kindergartens, churches, supermarkets, local markets, cafes, and the city center, the location ensures easy access to everyday amenities. Residents will also enjoy beautiful mountain views, adding a serene touch to urban living. The building includes an elevator and dedicated storage space, enhancing practicality and value. Whether you’re looking for a smart investment or your future home, this apartment combines location, comfort, and modern design in one of Limassol’s most sought-after neighborhoods. Don’t miss this great opportunity!
Delivery Date: End of 2027

Features

City center

City center

Mountain view

Mountain view

Off-plan development

Off-plan development

Elevator

Elevator

Private parking

Private parking

School

School

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. 55337

1 bedroom Apartment in Limassol, Cyprus No. 55337

Features

Location

City center

City center

Mountain view

Mountain view

Features

Off-plan development

Off-plan development

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

School

School

Supermarket

Supermarket

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