+ 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. 55359

1

Bedrooms

1

Bathrooms

49.08 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Discover modern urban living in one of Limassol’s newest and most exciting residential developments, located in the highly sought-after Katholiki neighbourhood. Designed for comfort, style, and convenience, this under-construction project offers a selection of luxury studios, 1-bedroom, and 2-bedroom apartments, each crafted to meet the expectations of modern city living.
Step into bright, welcoming interiors that feature a sleek, contemporary kitchen, a cosy and functional living area, and high-quality finishes throughout. Every unit is built with sustainability in mind, boasting an Energy Efficiency Certificate A, ensuring reduced energy costs and enhanced comfort.
Residents will also enjoy premium amenities including:
• Closed private parking
• Storage room
• Elevator access
• Stunning city views
• Unbeatable central location
Situated right in the city center, this development provides effortless access to shops, schools, restaurants, and all essential amenities—perfect for those seeking a vibrant lifestyle or a reliable investment. With the project currently under construction, early buyers can benefit from the unique advantage of personalizing their new home to suit their style.
Whether you’re searching for your next home or a smart investment with high rental demand, this property offers exceptional value in one of Limassol’s most convenient and desirable areas.
Don’t miss out—now is the perfect time to secure your stylish new apartment in Katholiki. Contact us today to book a viewing or request more information!

Features

City view

City view

Solar panel for water heating

Solar panel for water heating

School

School

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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+ VAT

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1 bedroom Apartment in Limassol, Cyprus No. 55359

1 bedroom Apartment in Limassol, Cyprus No. 55359

Features

Location

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

Outdoor features

School

School

Supermarket

Supermarket

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