+ 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 Agios Athanasios, Limassol, Cyprus No. 28715

2

Bedrooms

2

Bathrooms

86 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

New modern 2 bedroom penthouse in a contemporary complex located in a sought-after residential area of Limassol- Agios Athanasios with easy access to a roundabout, city center and all necessary infrastructure and amenities. This prestigious project is a superior residence arranged over four floors, residence can enjoy the available swimming pool, ample parking and storage space on the ground floor. Each floor consists of three spacious apartments of which two are 2-bedroom and one is a 3-bedroom. The roof garden is a great additional advantage for the three pentouses on the last floor. Minimalist design allows an abundance of natural light to stream in, thanks to the large, strategically placed floor to ceiling windows which offer sweeping views of the city and coastline. Every apartment is constructed using top quality building materials, and fin-ished to the highest of specifications, featuring thermal insulation and double glazing throughout. The bedrooms and living spaces are strategically designed to embody both comfort and elegance, sure to suit even the most discerning of tastes. Gleaming marble countertops adorn the sizeable kitchens, with enough space for happy family convergences, and the cozy bedrooms offer generous closet space and plenty of natural light for maximum functionality as well as relaxation. Status: under construction. Delivery date: September 2024

Features

Veranda

Veranda

Storage room

Storage room

Swimming pool

Swimming pool

2 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 28715

2 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 28715

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Swimming pool

Swimming pool

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