+ 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 Nektarios, Limassol, Cyprus No. 30828

3

Bedrooms

4

Bathrooms

107 sq.m.

Square

I quarter, 2027

Completion date

Parameters

Property Description

New 3 bedroom penthouse is located in new project in Agios Nektarios, one of the most popular residential neighborhoods at the heart of Limassol. A haven for those who want to live in a quiet area while maximizing accessibility to the city’s amenities. The intimate size of the residence ensures a personal and welcoming atmosphere, embodying our commitment to quality living. Created with careful consideration for modern and functional living, the residence presents six three-bedroom apartments, of which two penthouses with roof gardens, perfect for those embracing a sun-seeking urban lifestyle. Combining concrete and high-pressure laminate (HPL) panels, the exterior design captures a timeless appeal, designed to elevate your living experience in the heart of Limassol’s most sophisticated residential areas. Technical specification: quality ceramic tiles in living room, kitchen, corridor, bathrooms, verandas, and roof gardens floors (if applicable); laminated wooden floor in the bedrooms; thermal insulated aluminum windows and doors with double-glazed glass; provision for mosquito nets; Italian kitchen with cupboards and overhead wall units in a selection of colors; provision for installation of split type air conditioning units; provision for the installation of electric heating radiators. Additional features for the penthouses: home automation, provision for the installation of underfloor heating, external connecting staircase between the apartment and roof garden, additional storage room and shower room on the roof garden, provision for the installation of PV system.

Features

Veranda

Veranda

Storage room

Storage room

3 bedrooms Penthouse in Agios Nektarios, Limassol, Cyprus No. 30828

3 bedrooms Penthouse in Agios Nektarios, Limassol, Cyprus No. 30828

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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