+ 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. 29386

3

Bedrooms

5

Bathrooms

96 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Modern 3 bedroom penthouse, in a six-flat building situated in Agios Athanasios area of Limassol city. The apartment includes open plan fitted kitchen, 3 bedrooms, 4 bathrooms, guest toilet and spacious veranda. There is access to store room and covered parking space. Wonderful quiet residential location close to the beach, city center and all necessary amenities. Features: High quality porcelain tiles, High quality laminated parquet floors in the bedrooms, Modern Italian high-standard kitchen cabinets and wardrobes, Kitchens, toilets, and corridors ceilings will be decorated with gypsum boards with built-in spotlights. Bedroom lights or chandeliers are not included. Aluminum windows with thermal insulation performance, double glazed glass to provide extra thermal insulation. A solar panel to provide hot water & reservoir tank for each flat. Also, there will be provision for a water softener. A pressurized system will be installed to provide extra pressure of water in each flat. Floor heating operational (only in the penthouse). Fully installed top brand A/C units (VRV system only in the penthouse). Private swimming pool (only on the roof terrace of the penthouses). Security entrance door. Storeroom, Covered parking. Gated entrance. The completion date: September 2023.

Features

Veranda

Veranda

Swimming pool

Swimming pool

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 29386

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 29386

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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