€ 623 558

€ 7 691 / 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 Apartment in Limassol, Cyprus No. 39142

Bedrooms

Bathrooms

81.08 sq.m.

Square

Parameters

Property Description

For sale: A modern penthouse apartment currently under construction in the sought-after Kapsalos area. This spacious, 81.08 m² residence offers two bedrooms and two bathrooms, making it an ideal choice for couples, small families, or as a valuable investment. The apartment is situated on the top floor and is easily accessible by elevator.

The property features high energy efficiency (Class A), ensuring low utility costs and a comfortable living environment. Its contemporary design, open-plan layout, and large windows create a bright and welcoming atmosphere. The apartment is part of a secure, gated complex and includes access to a communal swimming pool, perfect for relaxation and social gatherings.

Kapsalos is a vibrant and well-established neighborhood, popular for its convenient location. Residents enjoy close proximity to schools, shops, cafes, and all essential amenities, as well as easy travel routes to the city center and nearby attractions. The area is known for its community spirit and comfortable urban living.

Scheduled for completion in 2027, this apartment is offered unfurnished, allowing buyers to customize the interior to their personal taste. For more details or to arrange a viewing, please contact Purple International Real Estate.