+ 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 Mesa Geitonia, Limassol, Cyprus No. 26440

3

Bedrooms

3

Bathrooms

111 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

New modern 3 bedroom penthouse in a sought-after residential area of Mesa Getonia, which is very close to the city center and surrounded by numerous and varied infrastructure and amenities. Building is made of 4 floors with 4 apartment on each floor with 2 penthouses featuring private roof gardens on the 4th floor. Apartment features living and dining area with an open-plan kitchen, 3 bedrooms, master bedroom is en-suite with shower, 1 main bathroom and a guest toilet Two covered parking spaces and storage

Features

Veranda

Veranda

3 bedrooms Penthouse in Mesa Geitonia, Limassol, Cyprus No. 26440

3 bedrooms Penthouse in Mesa Geitonia, Limassol, Cyprus No. 26440

Features

Indoor facilities

Veranda

Veranda

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