+ 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. 31048

3

Bedrooms

3

Bathrooms

118 sq.m.

Square

I quarter, 2027

Completion date

Parameters

Property Description

New 2 bedroom apartment in a new complex located in the center of Limassol at Agios Nektarios, and only 5 minutes walk (400m) to Makarios Avenue, which is a trendy destination for shopping, relaxing, and dining. Whether you’re seeking a stylish apartment or an elevated penthouse experience, our project promises modern living at its finest. A premium contemporary residential development comprises of only 6 apartments and 2 penthouses. Each apartment blends contemporary design seamlessly with a focus on comfort, offering a range of options including 1, 2, and 3-bedroom apartments. The penthouses feature private roof garden areas, including BBQ facilities and a spa-pool.

Features

Veranda

Veranda

Storage room

Storage room

3 bedrooms Penthouse in Agios Nektarios, Limassol, Cyprus No. 31048

3 bedrooms Penthouse in Agios Nektarios, Limassol, Cyprus No. 31048

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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