+ 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 Neapolis, Limassol, Cyprus No. 28713

2

Bedrooms

1

Bathrooms

96 sq.m.

Square

I quarter, 2020

Completion date

Parameters

Property Description

New ready 1 bedroom penthouse located in a just build new project in Neapolis area, Limassol, just 200 meters away from two flag beaches- Akti Olympion & Miami Beach, near Cyprus World Trade Center, The One & all other business & commercial facilities; near Alphamega supermarket, mini markets, restaurants, coffee, bars; 5 minutes driving to high way access, jumbo store, EAC branches etc. Brand new large luxury & spacious apartments has under floor heating; central A/C system for living room, including split unit A/C equipment for all bedrooms; Italy marble-top kitech island bar, Germany sanitary items for kitchen and all bathrooms; Germany wooden floor for all bedroom areas; Covered veranda with wooden aluminum louvers & luxury lightening; Island bar, Kitchen table & wall made in Italy marble; Dishwasher, Oven, Cooking Appliances from Europe are all included; Free parking & Storage Space for each flat; CCTV-monitoring, car parking security system from France, Security Access Glass Automation door from Swiss.

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 28713

2 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 28713

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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