€ 452 000

€ 4 109 / 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 Limassol, Cyprus No. 41596

Bedrooms

110 sq.m.

Square

Parameters

Property Description

The project is located in the heart of Panthea, a very quiet, peaceful area, close to the city with easy access to the highway. You can find all the amenities around you and reach the beach in just a 10 minute drive.

The development consists of ten 2 and 3 bedroom apartments and a penthouse.

The interior space was designed with great attention to detail, whilst the exterior was created keeping in mind and maximizing the benefits the surrounding area offers.

The Penthouse has a unique layout and is situated on the 4th floor as the only apartment. The master bedroom features a walk-in closet and en-suite. The other two bedrooms share a bathroom and there is also a guest toilet. A large adjacent room is exclusively offered for a gym or a recreational area. The kitchen side covered veranda is ideal for fun barbeque experiences.

The Project has EPC certificate with "A" Energy Efficiency Rating.