€ 960 000

€ 11 429 / 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. 42081

Bedrooms

84 sq.m.

Square

Parameters

Property Description

Premium residential complex in the heart of one of Limassol’s liveliest districts. Just a short distance from the sea, lies an elegant residential complex, hidden from the noise and activity of the city. This gated community combines architectural precision with the Mediterranean charm.

Comprising of only 12 apartments, it offers thoughtfully planned layouts: from 1and 2 bedroom apartments to three penthouses, two with spacious terraces and the exclusive third penthouse boasting 3 bedrooms, a private pool and a rooftop terrace with the views of the city.

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