+ 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 Limassol, Cyprus No. 29027

2

Bedrooms

2

Bathrooms

77 sq.m.

Square

Parameters

Property Description

New 2 bedroom penthouse in a modern residence situated in the elite area of Agia Fyla, Limassol.  The 3 stores building comprises of only seven 2 bedroom apartments and is ideally located directly in the vicinity of all amenities. Public and private schools, supermarkets, lively nightlife, upscale shops and high-end cafes and restaurants are within a short drive. The apartments features: comfortable open plan kitchen and living areas that extend onto large spacious verandas, 2 bedrooms, 2 bathrooms, roof garden, covered parking and storage room. Energy efficiency class of the building A, solar panels, individual water pump, air conditioning supply, heating system supply. High-quality materials and a reliable builder. Double-layer aluminum doors and windows with low-emission glass. Wall thickness 33 cm. High-quality kitchen countertops. High-quality Italian-style cabinets, kitchen cabinets and bathroom cabinets. Spanish high-quality ceramic tiles 

Features

Veranda

Veranda

Storage room

Storage room

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

2 bedrooms Penthouse in Limassol, Cyprus No. 29027

2 bedrooms Penthouse in Limassol, Cyprus No. 29027

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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