+ 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 Nea Ekali, Limassol, Cyprus No. 28650

2

Bedrooms

2

Bathrooms

78 sq.m.

Square

II quarter, 2024

Completion date

Parameters

Property Description

A luxury 2-bedroom penthouse in a new residence in Ekali area of Limassol city. The building is located close to all amenities and within a 5-minute drive away from Limassol’s city center and very close to the highway linking Limassol with all the major cities. All necessary city amenities for comfortable living like shops, bakeries, pharmacies and cafes are within walking distance and 3 minutes drive to famous English Private Schools. The project offers tranquil Enviroment of an elevanted are with beautiful sea views comprising of only 6 apartments. The three storey building boasts a selection of six spacious and luxury apartments of two and three bedrooms including two penthouses with roof gardens. All units feature impressive interior design elements and a stunning combination of superior quality building materials. Private gate project. Zero energy building class A. Video entry system. Exterior finishes HPL, aluminium and glass. Exceptional quality branded sanitary fittings. Lavishly design of carpenty and joinery work - granite kitchen Bench. VRV system for heating and cooling in sitting areas - wall mounted in bedrooms.

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Penthouse in Nea Ekali, Limassol, Cyprus No. 28650

2 bedrooms Penthouse in Nea Ekali, Limassol, Cyprus No. 28650

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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