+ 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 Kato Polemidia, Limassol, Cyprus No. 30078

3

Bedrooms

2

Bathrooms

100 sq.m.

Square

I quarter, 2027

Completion date

Parameters

Property Description

New 2 bedroom penthouse in a new complex nestled in vibrant Limassol city centre. Residence offers a blend of modern luxury and natural tranquility. Just1minute from the highway and near Agios Georgios Havouzas church, the prime location is complemented by a scenic green area opposite the building. Chic apartments boast panoramic cityscape views, seamlessly blending urban sophistication with nature's calm. Meticulous attention to detail is evident in every aspect, from stylish finishes to spacious layouts. Expansive windows and private balconies invite the outdoors in, creating a harmonious living experience. The project consists of three floors and eight apartments, two of which have a private roof garden and swimming pools. The apartments combine modern interior design with warm and cozy elements. The large balconies with frameless glass railings accentuate the feeling of openness and create a smooth and sustainable relation with the surrounding area. Modern design, each apartment has a covered parking space and a storage room.

Features

Veranda

Veranda

Storage room

Storage room

3 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 30078

3 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 30078

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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