+ 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 Neapolis, Limassol, Cyprus No. 28676

3

Bedrooms

2

Bathrooms

112 sq.m.

Square

Parameters

Property Description

New modern 3 bedroom penthouse located in new project in Neapolis area, Limassol. The project consists of 3 residences, one on each floor. Modern design and high quality building and finishing materials. The location in the very center of the city allows you to get instant access to all the infrastructure necessary for a comfortable life. Walking distance to the restaurants, bars, shops, banks, supermarkets, schools. Penthouse has: 3 bedrooms, 2 bathrooms, leaving and dinning area, jpen-plan kitchen, cozy and spacious covered veranda and roof garden. Storage room and covered parking for each apartment. Kitchen and wardrobe furniture from Italy. Air conditioners in every room. Solar panel for water heating on the roof for each apartment.

Features

Veranda

Veranda

Storage room

Storage room

3 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 28676

3 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 28676

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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