€ 630 000

€ 7 500 / 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%

3 bedrooms Apartment in Neapolis, Limassol, Cyprus No. 37722

Bedrooms

Bathrooms

84 sq.m.

Square

Parameters

Property Description

For sale: A modern penthouse apartment under construction in the sought-after area of Neapolis. This property offers a generous internal space of 84 m², featuring 3 comfortable bedrooms and 3 stylish bathrooms. The residence is designed to provide both comfort and convenience, with underfloor heating and a central air conditioning system ensuring a pleasant living environment all year round.

The penthouse enjoys direct access via an elevator, enhancing privacy and easy accessibility. Positioned within a secure, gated complex, this home promises peace of mind and an exclusive sense of community. The apartment is being built with energy efficiency in mind, rated A+, which means lower utility bills and a smaller environmental footprint. With a completion date set for 2026, the apartment will be delivered unfurnished, giving you the freedom to design your own living space.

Neapolis is a vibrant and well-developed area, known for its beautiful coastline, nearby parks, and convenient city living. Residents benefit from quick access to the highway, as well as being close to supermarkets, shops, cafes, and schools.

This outstanding penthouse is advertised by Purple International Real Estate. Contact us today for more details or to arrange a viewing.