+ 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 Athanasios, Limassol, Cyprus No. 29244

3

Bedrooms

3

Bathrooms

110.9 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New 3 bedroom penthouse in a new project under construction, located in the area of Agios Athanasios, the most popular area of Limassol, close to all necessary amenities and 10-minutes’ drive to the beach and the city center. The project is consist of 35 apartments with 2, 3 and 4 bedrooms. These unobstructed sea-view apartments are presented through stunning architecture, boasting luxury common facilities such as a swimming pool, gym and sauna. The project is defined by premium living and top-end finishes, a property addressed to citizens who value comfort, elegance and a peaceful lifestyle; families and professionals will find this property particularly attractive as a permanent home or a long-term investment. Advantages of the apartment: quiet location, sea and city view, proximity to a private school, spacious verandas, modern design, high-quality finishes, high ceilings, double glazing. Covered parking and storage room for each apartment. TURNKEY FINISHES: Semi-solid parquet floors in each room, Marble floors and walls in toilets & bathrooms, High ceilings (2.90-3.20m),  Security entrance doors, Provision for underfloor heating, Provision for VRV A/C, High quality sanitary wear from European brands, Double glazed thermal aluminum window frames, High-quality kitchen cabinets from Italy, High quality wardrobes from European brands.

Features

Veranda

Veranda

Swimming pool

Swimming pool

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 29244

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 29244

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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