€ 550 000

€ 5 392 / 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 Kato Polemidia, Limassol, Cyprus No. 26285

Bedrooms

Bathrooms

102 sq.m.

Square

I quarter, 2023

Completion date

Parameters

ID

26285
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

5

Bathrooms

2
Square

102 sq.m.
Veranda area

26 sq.m.
To sea

4 km
Completion date

I quarter, 2023
Completed

Yes

Property Description

Located just a few minutes within the center of Limassol in the suburb of Polemidia. A four building complex from which each consists of 9 apartments. Amenities: Swimming pool, mini football pitch, Playground, Changing Rooms-Showers. This area is known for having a beautiful view outlooking the villages below and the sea. There are many local and international restaurants that are within the area, and not of far distance there are several public and private British and International schools. Transportation: 1.5 minute ride to get to the center of Limassol. Direct access to the highway, Easy connection with other cities such as Paphos, Larnaca and Nicosia and airports. Delivery date: February 2023

Features

Veranda

Car park