+ 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 Kato Polemidia, Limassol, Cyprus No. 55651

1

Bedrooms

2

Bathrooms

50 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Modern 1-Bedroom Apartment for Sale – Archangelos Michail, Monovolikos
A contemporary off-plan apartment is available for sale on the 2nd floor in the peaceful area of Archangelos Michail, Monovolikos, in Kato Polemidia, near Limassol.
Ideal for first-time buyers or investors, this modern residence combines smart design, energy efficiency, and excellent accessibility.
• Property Details
Internal Area: 50 sq.m.
Floor: 2nd
Bedrooms: 1
Bathrooms: 2
Parking: 1 Covered space
Energy Efficiency: Class A
Status: Off-plan
Delivery Date: September 2027
Views: Mountain & City
Style: Modern
• Key Features & Advantages
Elevator access
Internal elevator
Security alarm system
Security cameras
Air conditioning provision
Internet provision
Quiet residential neighborhood
Contemporary architectural design
• Prime Location
Conveniently located close to:
Schools
Public Market
Supermarkets
City Center
Cafés & Restaurants
The area of Archangelos Michail in Monovolikos offers easy access to central Limassol and the highway, while maintaining a calm residential atmosphere — perfect for comfortable living or rental investment.

Features

City center

City center

Mountain view

Mountain view

City view

City view

Alarm system

Alarm system

Internet

Internet

Off-plan development

Off-plan development

Similar Property

290 000

1 Bedrooms

50 sq.m.

+ VAT

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1 Bedrooms

50 sq.m.

+ VAT

290 000

1 Bedrooms

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+ VAT

290 000

1 Bedrooms

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+ VAT

1 bedroom Apartment in Kato Polemidia, Limassol, Cyprus No. 55651

1 bedroom Apartment in Kato Polemidia, Limassol, Cyprus No. 55651

Features

Location

City center

City center

Mountain view

Mountain view

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

Off-plan development

Off-plan development

Indoor facilities

Elevator

Elevator

Outdoor features

School

School

Supermarket

Supermarket

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