€ 570 000

€ 6 574 / 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%

2 bedrooms Apartment in Hortensia Residence Limassol, Cyprus No. 4538

Bedrooms

86.7 sq.m.

Square

I quarter, 2021

Completion date

Parameters

ID

4538
Development

Hortensia Residence in Limassol, Cyprus No. 7144
City

Cyprus
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2

Floor

1
Square

86.7 sq.m.
Veranda area

26 sq.m.
To sea

200 m
Completion date

I quarter, 2021
Completed

Yes

Property Description

The living complex offers an impressive lifestyle for those appreciating the comfort of a stylish gated community with indoor facilities. It is located in one of Limassol’s most prestigious tourist districts, Papas, within walking distance to the sandy beach of the famous Dasoudi Park. Quiet surroundings and proximity to all city amenities imaginable (including the Papas supermarket) provide the ideal conditions for happy family living. The sandy beaches 200 meters away from the project guarantee that your purchase will be a successful investment generating substantial rental yields. The development includes only 11 two-, three- and four-bedroom luxury apartments and penthouses. The cleverly designed master plan offers the residents convenient access to the common pool and covered parking. The penthouses on the 4th floor have spacious private terraces with individual pools. Each apartment enjoys 3.15 meters height ceilings and top-standard finishes.

Features

Veranda

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