2 bedrooms Apartment in Limassol, Cyprus No. 57121

Bedrooms

Bathrooms

80 sq.m.

Square

€ 430 000

€ 5 375 / 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%

Parameters

Property Description

This four-story residential building offers modern apartments in a well-connected Limassol neighborhood. The project includes 1- and 2-bedroom units, as well as a premium penthouse with a private roof garden. Each residence features a spacious layout, en-suite master bedrooms, guest bathrooms, integrated storage solutions, and designated parking.

Designed for energy efficiency and comfort, the building incorporates Class A certification, solar panels, and provisions for split-unit air conditioning. Security features include high-security entrance doors and a video phone system. Apartments are delivered fully furnished with essential appliances and high-quality finishes.

The main features of the project and the units:

• Central location with access to key amenities
• 1- and 2-bedroom apartments, plus a penthouse with a roof garden
• Spacious layouts with en-suite master bedrooms and guest bathrooms
• Provision for split-unit air conditioning and solar panels
• High-security entrance doors and video phone system
• Built-in wardrobes and fire-resistant entrance doors
• Double-glazed windows and safety glass balcony railings
• Fully furnished apartments with white goods and essential furniture
• Designated parking and integrated storage spaces

The project has an EPC certificate with “A” energy efficiency rating.