€ 553 000

€ 4 320 / 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. 28660

Bedrooms

Bathrooms

128 sq.m.

Square

II quarter, 2025

Completion date

Parameters

ID

28660
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

3
Floor

3

Bathrooms

2
Square

128 sq.m.
Veranda area

45 sq.m.
To sea

4.3 km
Completion date

II quarter, 2025
Completed

No

Property Description

Modern 2 bedroom apartment in a building situated in a quiet residential area of Germasogeia Village, in Limassol city. The apartment includes a spacious living area, 2 bedrooms, bathroom, fitted kitchen and veranda. Has provisions for air conditioning system, separate storage room and covered parking space. Excellent location within easy reach to all city amenities. Title deeds available.

Features

Veranda

Storage room