+ 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%

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 25507

3

Bedrooms

4

Bathrooms

143.1 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

New modern 3-bedroom penthouse in a contemporary complex located in Agios Athanasios, has easy access to the town centre, a sea view, thorough security and more. The complex consists of 5 modern apartments, each with covered parking. Advanced Features: premium windows I-plus energy glass for optimal insulation; facade insulation 8 cm thick polystyrene foam insulation, silicone decorative plaster; quality Insulation Mapelastic two-component insulation used in various areas; climate control Daikin air conditioners for optimal comfort; high-quality plumbing: Aqua Gallery faucets, Grohe toilet installations and Axo toilets, Blanco kitchen sinks; construction materials: reinforcement adhesive Mapeterm AR1 from Mapei, putties from Knauf, paints from Smaltoplast company Vehro; flooring: dark floor with heating mats for screed and tiles, quartz vinyl flooring, with tiles in bathrooms; kitchen fronts made of Zenit or equivalent, mechanisms from Blum or equivalent for high-quality finishes; entrance doors from Door Safety Porta Nova, 8 meter aluminum gates, cameras equipped with nigh vision; international quality tiles mainly sourced from Spain; each parking space equipped with terminals for car charging; solar panels providing approximately 3.5 kilowatts for each apartment; water heating system for energy efficiency. Spacious penthouse with private pool on the roof terrace has a living room and an open plan kitchen, three bedrooms, including a master bedroom and a two standards, four bathrooms, one connected to the master bedroom and one on the roof terrace, covered veranda, storage room, dedicated parking lot with an electric charger, thorough internet access, best security equipment, air-conditioning, floor-heating, advanced ventilation, 3.5 kWh solar panels for electricity, water heating system, sea view.

Features

Internet

Internet

Veranda

Veranda

Storage room

Storage room

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 25507

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 25507

Features

Features

Internet

Internet

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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