2 bedrooms Apartment in Limassol, Cyprus No. 57759

2

Bedrooms

76 sq.m.

Square

+ 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

These apartments offer an excellent opportunity for investment or private residence. Situated in a building with only nine units, the property provides a sense of privacy and exclusivity. The location ensures easy access to various amenities and is positioned close to the National Forest Park, offering a pleasant living environment. Each apartment comes with covered parking, and the project also provides guaranteed investment returns, making it appealing for both homebuyers and investors.

The main features of the project and the units:
• Located in a building with only nine apartments
• Excellent location
• Near the National Forest Park
• Easy access to various amenities
• Covered parking
• Guaranteed investment return

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

Features

Storage room

Storage room

Car park

Car park

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

Similar Property

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76 sq.m.

+ VAT

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285 000

2 Bedrooms

76 sq.m.

+ VAT

285 000

2 Bedrooms

76 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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