+ 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. 55338

2

Bedrooms

1

Bathrooms

108 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 2-bedroom apartment for sale on the 2nd floor in the sought-after area of Kapsalos, Limassol. This off-plan property offers 108 sq.m. of internal living space on a 123.5 sq.m. plot. Thoughtfully designed for comfort and functionality, it features a spacious open-plan layout, 1 bathroom, and a private covered parking space. The apartment includes air conditioning, energy efficiency rated A+, and comes with a storage room and access to an elevator. Enjoy scenic mountain views from your balcony, while being within walking distance of key amenities such as the city center, supermarkets, cafes, restaurants, local markets, a kindergarten, and a church. This is an ideal choice for professionals, couples, or investors seeking a quality home in a prime location.
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

Supermarket

Supermarket

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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2 bedrooms Apartment in Limassol, Cyprus No. 55338

2 bedrooms Apartment in Limassol, Cyprus No. 55338

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

Supermarket

Supermarket

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