€ 770 000

€ 5 033 / sqm

+ 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%

4 bedrooms Penthouse in Limassol, Cyprus No. 30890

Bedrooms

Bathrooms

153 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Located in a quiet area in Limassol, close to all amenities, less than 10 minutes to the central shopping area of Limassol, and less than 5 minutes drive to My Mall, the new casino, and the seafront. This modern 4-Bedroom penthouse Apartment is designed with high-end finishes and high-quality materials. Located on the fourth floor, and has an open plan living/dining area, two bathrooms, and covered parking. It is great as an investment to buy for a lifetime and live the most beautiful moments with your loved ones. Smart Home Automation system, fully furnished with high quality Italian furniture, Smart home operated Roller Blinds and Curtains, Photovoltaic panels, Electric car charging, Barbeque area, Quality Floor Heating with Heat Pump.