+ 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%

35m2 Apartment in Limassol, Cyprus No. 55466

1

Bathrooms

35 sq.m.

Square

IV quarter, 2029

Completion date

Parameters

Property Description

• Modern Fully Furnished Studio for Sale in Limassol City Centre
A stylish fully furnished studio apartment located on the 2nd floor of a new premium residential development in the heart of Limassol. With a total area of 35 sq. m, this property is ideal for investment or city living.
The studio features a bright and modern open-plan layout, a contemporary bathroom, and high-quality finishes throughout. It is fully furnished and ready to move in, making it a perfect turnkey solution for both investors and end-users.
Key Features
35 m² internal area
2nd floor
1 bathroom
Covered parking
Fully furnished
Energy Efficiency Class A
Air conditioning
Aluminium frames
Tiled floors
Security door
Bright & modern design
New development
• Prime Location – Limassol City Centre
Close to:
Sea & promenade
Shops & shopping malls
Cafes & restaurants
City centre & entertainment
Public transport
Parks & public spaces

Features

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

New development project

New development project

Park

Park

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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35m2 Apartment in Limassol, Cyprus No. 55466

35m2 Apartment in Limassol, Cyprus No. 55466

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Features

New development project

New development project

Outdoor features

Park

Park

Supermarket

Supermarket

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