+ 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 Neapolis, Limassol, Cyprus No. 30182

3

Bedrooms

3

Bathrooms

109 sq.m.

Square

Parameters

Property Description

New three bedroom penthouse in Neapolis area, Limassol district. Walking distance to main avenues, amenities and just a 5minute walk to the beachfront. The penthouses with fantastic panoramic city views have own roof terraces with good private swimming pool. Covered parking, Storage room.  Features: 3 bedrooms, 3 bathrooms, Living/Dinning area and Kitchen, En-Suite, Air Condition, Under Floor Heating, Marble flooring, Alarm, Roof Garden, Covered Veranda, Double glazed windows, Dressing room, Sea & Mountain View, Close to the city center, Close to the beach, Freehold property, Key Ready.

Features

Veranda

Veranda

Swimming pool

Swimming pool

3 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 30182

3 bedrooms Penthouse in Neapolis, Limassol, Cyprus No. 30182

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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