+ 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%

638m2 Building in Limassol, Cyprus No. 55951

638 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Pleased to present a brand-new residential building in the heart of Agios Ioannis, Limassol, now available for rent. Just minutes from Limassol Marina and the city center, these modern residences are ideal for families, executives, and corporate housing.
The available apartments are 4 floor apartments in total: 3 3-Bedroom Apartments (1st–3rd floors), including spacious layouts, 2 bathrooms, covered verandas, parking & storage. Additionally, there is one 2-Bedroom Apartment (4th floor) – luxury top-floor living with large verandas, open views, and premium finishes.
Key Features of the building:
• Fully furnished or semi-furnished (upon agreement)
• Covered parking & private storage for each unit
• Elevator to all levels
• Air conditioning throughout
• Quiet residential zone with fast access to central Limassol

Features

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Kitchen Appliances

Kitchen Appliances

Good quality

Good quality

Home renovation

Home renovation

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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638m2 Building in Limassol, Cyprus No. 55951

638m2 Building in Limassol, Cyprus No. 55951

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Features

Kitchen Appliances

Kitchen Appliances

Good quality

Good quality

Home renovation

Home renovation

New development project

New development project

Outdoor features

School

School

Supermarket

Supermarket

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