2 bedrooms Apartment in Limassol, Cyprus No. 58086

Bedrooms

86 sq.m.

Square

€ 737 000

€ 8 570 / 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

Club-type project consisting of 14 apartments is located in the most popular area of Limassol - Potamos Germasogeia. This is a new modern complex designed for living off the coast and combines all the conditions for a Mediterranean lifestyle in an urban environment. The beach is just 500 meters from the complex.

The development consists of 1 and 2 bedroom apartments, all with spacious verandas to enjoy beautiful surrounding panorama.

The Project has EPC certificate with "B" Energy Efficiency Rating.

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

Verified property

2 Bedrooms

2 Bathrooms

86 sq.m.

+ VAT

Verified property

2 Bedrooms

1 Floor

86 sq.m.

Verified property

2 Bedrooms

1 Floor

86 sq.m.

Verified property

2 Bedrooms

1 Floor

IV quarter, 2012

86 sq.m.