€ 420 000

€ 5 122 / sqm

+ 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. 55607

Bedrooms

Bathrooms

82 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

A stunning new residential project of 8 apartments, located in the vibrant heart of Limassol, in Lanitio area. This project is a testament to modern architecture, meticulously crafted with the highest quality materials, combining practical spaces with a visually appealing design. The 3-floor building predominantly faces southwest, providing a steady view of green landscapes, and sunlight. Some of its unique features include: Central VrV Air-Condition System, Photovoltaics & Net Metering for Each Apartment, Electric Vehicle Charge Provision for Each Apartment, Concealed Sanitary Mixers, Thermal Aluminum Lift & Slide – Floor-to-ceiling height doors, High Ceilings: +3m height, Ambient, Entrance Lighting, Face Recognition Entry Video Phone, Interior Design Consultation, Automated Gate for Parking Area, Heat Pump Boilers, and a Wifi Controlled Water Heater. The apartment also has an additional green feature of 5 sqm.
To be completed Q4 2025 and is subject to VAT.