€ 520 000

€ 4 228 / 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 Limassol, Cyprus No. 28488

Bedrooms

Bathrooms

123 sq.m.

Square

I quarter, 2023

Completion date

Parameters

ID

28488
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

3
Floor

1

Bathrooms

3
Square

123 sq.m.
Veranda area

33 sq.m.
To sea

1.6 km
Completion date

I quarter, 2023
Completed

No

Property Description

New modern 2 bedroom penthouse in a contemporary gated complex located in Linopetra area, close to Jumbo store, few minutes drive to the city center and with all necessary amenities and infrastructure nearby as well as with easy access to the highway. Allocated covered parking and storage

Features

Veranda

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524