+ 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 Agios Nektarios, Limassol, Cyprus No. 55825

1

Bedrooms

1

Bathrooms

51 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.
To be completed Q4 2025 and is subject to VAT.

Features

City center

City center

Private parking

Private parking

School

School

Park

Park

Supermarket

Supermarket

Similar Property

280 000

1 Bedrooms

1 Bathrooms

1 Floor

51 sq.m.

280 000

1 Bedrooms

51 sq.m.

+ VAT

280 000

1 Bedrooms

51 sq.m.

+ VAT

275 000

1 Bedrooms

51 sq.m.

+ VAT

1 bedroom Apartment in Agios Nektarios, Limassol, Cyprus No. 55825

1 bedroom Apartment in Agios Nektarios, Limassol, Cyprus No. 55825

Features

Location

City center

City center

Indoor facilities

Private parking

Private parking

Outdoor features

School

School

Park

Park

Supermarket

Supermarket

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