+ 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 Duplex in Limassol, Cyprus No. 55382

2

Bedrooms

3

Bathrooms

90 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Discover this elegant apartment in the prime location of Neapoli, Limassol City. Spanning 90 sq.m. of internal space with an additional 32 sq.m. of covered verandas, this residence offers a contemporary design and premium finishes.
It features 2 spacious bedrooms, 3 modern bathrooms, a fully equipped kitchen, and a bright living room. The apartment boasts tile and laminate flooring, an A-rated energy certificate, and includes a private covered parking space.
Situated close to the sea, city center, and essential amenities, this property also offers storage space and an internal staircase. A perfect choice for investment or modern living in one of Limassol’s most sought-after areas.
Delivery Date: April 2027

Features

City center

City center

Private parking

Private parking

Garden

Garden

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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Verified property

2 bedrooms Duplex in Parekklisia, Limassol, Cyprus No. 54208

450 000

2 Bedrooms

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IV quarter, 2016

100 sq.m.

2 bedrooms Duplex in Limassol, Cyprus No. 55382

2 bedrooms Duplex in Limassol, Cyprus No. 55382

Features

Location

City center

City center

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

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