+ 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 Kato Polemidia, Limassol, Cyprus No. 26590

3

Bedrooms

3

Bathrooms

II quarter, 2025

Completion date

Parameters

Property Description

New modern 3 bedroom apartment is located in new project in the Polemidia district of Limassol city, with a well-developed transportation network, not only can you quickly reach the center of Limassol, you can also quickly reach the surrounding cities and the international airport. The shopping center, catering, education, finance, leisure and other facilities are all available at short distances. The modern style apartments are divided into two buildings, A and B. The building B has 15 apartments: 4*1beds, 8*2beds, 3*3beds apartments. Each apartment has a covered veranda, a storage unit and a dedicated covered parking space. Throughout the apartments, the design was kept in a modern style with highly functional interiors and high quality materials and finishes. All apartments build with Three floors. The apartments has natural light from three sides. There are roof garden for the top floor 3 beds apartment. On roof garden you can enjoy the city view and sea view. Each apartment and each room is equipped with a balcony. Each apartment is equipped with a large storage room and an exclusive parking space

Features

Veranda

Veranda

Storage room

Storage room

3 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 26590

3 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 26590

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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