€ 350 000

€ 3 646 / 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 Kato Polemidia, Limassol, Cyprus No. 28534

Bedrooms

Bathrooms

96 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

ID

28534
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

3
Floor

2

Bathrooms

3
Square

96 sq.m.
Veranda area

25 sq.m.
To sea

4.3 km
Completion date

IV quarter, 2025
Completed

No

Property Description

New modern 2 bedroom penthouse with a private roof terrace in a contemporary complex located in Pano Polemidia with all necessary infrastructure and amenities nearby, within a short drive to Alpha Mega/Ikea shopping center, not far from MyMall and city center. Complex consists of 15 modern apartments , each with covered parking. Finishes and materials such as tiles and sanitary ware are of a high standard. Ceramic tiles in living areas and semi-solid parquet in bedroom. Provision for air-conditioning and electric heating.

Features

Veranda

Storage room