+ 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 Agios Nektarios, Limassol, Cyprus No. 28684

3

Bedrooms

3

Bathrooms

116.1 sq.m.

Square

I quarter, 2023

Completion date

Parameters

Property Description

New 3 bedroom penthouse in a modern Residence located in Agios Nektarios area of central Limassol with al necessary infrustructure and amenities nearby with walking distance to the sea. The project is a dynamic new development of modern and functional partments. The residents can choose from 2 and 3-bedroom apartments. All apartments are superbly appointed, spacious with high ceilings and representing the finest in apartment living. Every design detail in these apartments speaks of quality and meticulous care in  design. They are design and build with energy efficiency in mind in order to save you significant amounts on your utility bills. Apartment feautures: aluminium windows and door, provision for mosquito nets, electric aluminium roller shutters, water solar heater and pressure system. Living room, kitchen, corridor, bathrooms, verandas, roof gardens (if applicable) floors are covered with quality ceramic tiles. The bedrooms floors are covered with laminated wooden floor.  Imported kitchen with cupboards and overhead wall units in a selection of colours. Provision for installation of electric heaters in all areas of the apartments. Supply and installation from a reputable manufacturer of recess split type air conditioning units in the living room/kitchen (build-in type). Provision for installation of split type air conditioning units in bedrooms (wall mounted type). External connecting staircase covered in ceramic tiles between the apartment and roof garden. Additional storage room and shower room on the roof garden for penthouses. The floors of the main entrance of the building, the corridors and the stairs are covered with marble. Electrically driven elevator.  Decorative electric galvanized steel gates for the parking area of the building operated by remote control. 

Features

Veranda

Veranda

3 bedrooms Penthouse in Agios Nektarios, Limassol, Cyprus No. 28684

3 bedrooms Penthouse in Agios Nektarios, Limassol, Cyprus No. 28684

Features

Indoor facilities

Veranda

Veranda

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