+ 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 Agios Athanasios, Limassol, Cyprus No. 28538

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

New modern 2 bedroom penthouse with a private roof terrace in a contemporary gated complex located in a sought-after residential area of Agios Athanasios that allows easy access to the highway and the city center, with all infrastructure and amenities nearby and within a short drive to the seaside with it's beaches and promenades. Complex consist of two blocks, 3 floors each with Block A having 8 apartments ( 1,2 and 3 bedrooms) in total and Block B with 6 apartments in total ( 1 and 2 bedrooms). Apartment features living and dining area with an open-plan kitchen, covered veranda, two bedrooms, master is en-suite with shower and main bathroom with a bathtub. Each building features Security entrance doors with Intercom system. Storeroom and covered parking for each apartment

Features

Veranda

Veranda

2 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 28538

2 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 28538

Features

Indoor facilities

Veranda

Veranda

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