+ 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 Tychonas, Limassol, Cyprus No. 26153

3

Bedrooms

2

Bathrooms

122 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Three bedroom penthouse in a modern complex. Project is located in the quiet and prestigious area of Agios Tychonas. In walking distance to the Church of Agios Tychonas, mini market, gym, 5* star hotels are just a minutes drive away. With uninterrupted views of the hills and partial view of the sea, with a direct road leading to Santa Barbara beach which is only a 3 minute drive away. Three 2 bedroom apartments have spacious private gardens, four apartments in the residence have an underground parking this is a very rare feature and is unseen in the price range of our properties. All the above mentioned features and advantages create a unique tranquil environment ideal for a family residence and as an investment. Italian made fittings (kitchen, wardrobes and doors) Laminate floors in Bedrooms by Villeroy & Boch. Sanitary from Geberit or Laufen. Faucets & accessories by Hansgrohe. Thermal insulation by BAUER (Germany). Energy efficiency class A. 

Features

Veranda

Veranda

Car park

Car park

3 bedrooms Penthouse in Agios Tychonas, Limassol, Cyprus No. 26153

3 bedrooms Penthouse in Agios Tychonas, Limassol, Cyprus No. 26153

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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