€ 392 000

€ 8 340 / 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%

1 bedroom Apartment in Limassol, Cyprus No. 37584

Bedrooms

Bathrooms

47 sq.m.

Square

Parameters

Property Description

For sale is a modern penthouse apartment under construction, offering a spacious 47 m² internal area in a prime location. This stylish residence features one comfortable bedroom and one elegant bathroom, designed to suit contemporary urban living. The apartment boasts a panoramic view, with large windows that fill the space with natural light. A private elevator provides direct access, adding to the exclusivity of penthouse living.

Located in the heart of Limassol Town Centre, this property places you within walking distance of shops, cafes, restaurants, and entertainment venues. The area is known for its vibrant atmosphere, combining business and leisure, and providing effortless access to the main highway for commuting. Everything you need is right on your doorstep, making everyday life convenient and enjoyable.

Built to the highest standards with an A+ energy efficiency rating, the apartment includes central air conditioning, underfloor heating, and the option to be fully furnished. Residents enjoy access to a gated complex with security, a communal swimming pool, and a well-equipped gym. This property is ideal for those seeking comfort and convenience in a modern setting.

This exclusive listing is brought to you by Purple International Real Estate. Contact us today to learn more or arrange a viewing.