+ 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. 28575

2

Bedrooms

3

Bathrooms

97 sq.m.

Square

III quarter, 2024

Completion date

Parameters

Property Description

New modern 2 bedroom penthouse in Neapolis area, 150 m from the sea, surrounded by all necessary infrastructure and amenities. Building consists of 8 ultra spacious apartments that feature 2 bedrooms with open-plan sitting room, dining room, kitchen areas and balconies. Penthouse that provides exclusive access to the roof garden with private swimming pool and BBQ area. Two apartments per floor. Covered parking and storage for each unit. Each bedroom includes top quality built-in closet. Heating and cooling systems : electric under floor heating system and ducted air conditioning system (Daikin).

Features

Veranda

Veranda

Swimming pool

Swimming pool

2 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 28575

2 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 28575

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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