€ 2 500 000

€ 21 739 / 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 Penthouse in Neapolis, Limassol, Cyprus No. 25642

Bedrooms

Bathrooms

115 sq.m.

Square

Parameters

Property Description

Elite 2 bedroom penthouse in an exclusive complex situated right on the beachfront of Limassol city. Each penthouse of the complex includes a private swimming pool, internal elevator and sauna, offers luxurious design, stylish decoration, equipped with air conditioning,underfloor heating system, fully automated "Smart Home" system and satellite antenna. The complex offers such facilities as reception, spa, swimming pools, sauna, hammam, hairdressing saloon, gym and tennis court. Excellent location right on the beachfront and just a minute walk to city amenities.

Features

Floor heating in all rooms

Veranda

Car park

Swimming pool