+ 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 Tsiflikoudia, Limassol, Cyprus No. 28617

3

Bedrooms

2

Bathrooms

108 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Modern 3 bedroom penthouse located in a small residence of a selection of 6 unique apartments and one penthouse. The building located is not far away from the city in the prestigious area of Tsifikoudia in Limassol, within walking distance from the sea and very close to Limassol Marina. The project embodies the best of modern living, combined with beautiful and practical spaces and highquality materials. Offering the sea and the city view. It comprises of two and three bedroom apartments. It’s an ideal investment for a family seeking a permanent residence on the outskirts of town, with easy and quick access to the motorway. The top floor apartments enjoy a splendid view from their large verandas. The apartments have large rooms, comfortable verandas and the building is located in a very quiet area. In the surrounding area there are all the necessary amenities, such as parks and schools. Penthouse features living and dining area with an open-plan kitchen, covered terrace, 3 bedrooms, 2 bathrooms, each unite has covered parking place. Finishes and specifications include: ceramic flooring in living/dining room and kitchen room, bedrooms are fitted with laminate parquet flooring, verandas are covered with ceramic tiles, aluminum double-glazed windows, provision for electric shutters, installation of video entry system, provision for A/C. Solar water heater  system. Covered parking. The main entrance of the building is equipped with a video door entry system. Delivery date: October 2023

Features

Veranda

Veranda

3 bedrooms Penthouse in Tsiflikoudia, Limassol, Cyprus No. 28617

3 bedrooms Penthouse in Tsiflikoudia, Limassol, Cyprus No. 28617

Features

Indoor facilities

Veranda

Veranda

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