+ 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 Neapolis, Limassol, Cyprus No. 28531

2

Bedrooms

2

Bathrooms

87.6 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

New modern 2 bedroom penthouse with a private roof garden in a contemporary complex located in area of Neapolis, just 160m. from the sea, close to historic Old Town and with all necessary infrastructure and amenities nearby such as numerous shops, supermarkets, bars, restaurants and lovely Enarios promenade. The project is meticulously designed with a thought for every detail, striving to create a perfectly comfortable, stylish and exquisite living space .Building is made of 4 floors with covered parking and storages for each apartment on the ground floor . Project is under planning

Features

Veranda

Veranda

2 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 28531

2 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 28531

Features

Indoor facilities

Veranda

Veranda

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