+ 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%

3 bedrooms Apartment in Limassol, Cyprus No. 56030

3

Bedrooms

2

Bathrooms

97 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Discover luxury urban living in the heart of Limassol’s historic center with this uniquely designed 3-bedroom apartment. Offering 97m² of internal space and a 22m² covered veranda, this residence is perfectly positioned within walking distance to the beach and surrounded by shops, cafés, and essential amenities.
Located in an exclusive gated development, residents enjoy access to a beautifully landscaped courtyard, indoor heated pool, fully equipped gym, and sauna—ideal features for both comfortable living and strong investment returns.
The apartment is crafted with high-end specifications, featuring a modern open-plan layout, high ceilings, marble and parquet flooring, a security entrance, and provisions for underfloor heating and air conditioning.
A premium choice for buyers seeking luxury, convenience, and prime rental potential in one of Limassol’s most desirable areas.

Features

First sea line

First sea line

City view

City view

New development project

New development project

Private parking

Private parking

Swimming pool

Swimming pool

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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3 bedrooms Apartment in Limassol, Cyprus No. 56030

3 bedrooms Apartment in Limassol, Cyprus No. 56030

Features

Location

First sea line

First sea line

City view

City view

Features

New development project

New development project

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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