€ 1 450 000

€ 4 647 / 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%

4 bedrooms Penthouse in Limassol, Cyprus No. 23474

Bedrooms

Bathrooms

312 sq.m.

Square

Parameters

ID

23474
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Open and covered
Access

Private
Bedrooms

4
Floor

3

Total floors

3
Bathrooms

3
Square

312 sq.m.
Veranda area

47.2 sq.m.
To sea

700 m
To city center

4 km
To airport

7 km
Completed

Yes

Property Description

A modern gated development consisting of spacious apartments and penthouses. Quiet surroundings and proximity to all city amenities provide ideal conditions for happy family living. The penthouses with panoramic city views have own roof terraces with private pools.

This property has been developed with the latest technology in building materials and exceptional interior finishes by designed-focused European brands.

Parking: parking space