+ 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. 55350

2

Bedrooms

2

Bathrooms

86 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

This 1st-floor apartment for sale in Limassol City offers 86 sq.m. of modern living space in an under-construction development. It features 2 bedrooms and 2 bathrooms, along with a closed parking space for added convenience. Designed with comfort in mind, the property includes air conditioning, a storage room, and elevator access. It holds an Energy Efficiency Certificate A, ensuring low energy consumption and sustainability. Ideally located close to the Mall and the city center, it provides easy access to shopping, dining, and urban amenities—making it a great choice for both living and investment.

Features

Close to shopping malls

Close to shopping malls

City center

City center

New project

New project

Elevator

Elevator

Private parking

Private parking

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

Similar Property

360 000

2 Bedrooms

86 sq.m.

+ VAT

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2 Bedrooms

86 sq.m.

+ VAT

Verified property

2 bedrooms Apartment in Agios Athanasios, Limassol, Cyprus No. 56117

370 000

2 Bedrooms

1 Bathrooms

IV quarter, 2027

86 sq.m.

+ VAT

350 000

2 Bedrooms

86 sq.m.

+ VAT

2 bedrooms Apartment in Limassol, Cyprus No. 55350

2 bedrooms Apartment in Limassol, Cyprus No. 55350

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Features

New project

New project

Indoor facilities

Elevator

Elevator

Private parking

Private parking

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