€ 1 650 000

€ 14 461 / 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%

3 bedrooms Penthouse in Protaras, Ammochostos, Cyprus No. 26364

Bedrooms

Bathrooms

114.1 sq.m.

Square

Parameters

ID

26364
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

3

Floor

6
Bathrooms

2
Square

114.1 sq.m.
Veranda area

14 sq.m.
To sea

400 m
Completed

No

Property Description

Extremely luxury penthouse with a 3 rooms and 2 WC in the centre of Protaras with panoramic views of the sea and surrounding area. Located only 400 metres from a shimmering expanse of pristine beach, the luxury gated complex is surrounded by the vibrant resort area and seaside amenities only moments away. Personal parking 25 sq.m.Enjoy sweeping sea views from full walls of double-glazed windows and glass front balconies. An open-plan living area has been expertly designed for a fully modern kitchen and high-end technical appliances. A large communal pool, indoor gym, outdoor children’s play park, private storage, and underground parking make this the perfect seaside apartment.

Features

Veranda

Storage room

Car park

Common area with pool