€ 375 000

€ 4 870 / 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%

2 bedrooms Penthouse in Limassol, Cyprus No. 35622

Bedrooms

Bathrooms

77 sq.m.

Square

Parameters

Property Description

This spacious and investment opportunity apartment is located walking distance from all amenities, 2 minutes drive from the city centre and to high way.
The penthouse has large rooms, comfortable verandas, factional interior, and the building is in a quiet area. Open plan living room and kitchen.
It’s an ideal investment for a family seeking a permanent residence on the outskirts of town.
Delivery Date: December 2025