€ 634 400

€ 6 100 / 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 Penthouse in Mesa Geitonia, Limassol, Cyprus No. 42413

Bedrooms

104 sq.m.

Square

Parameters

Property Description

This project comprises of two apartment blocks, situated between Ayios Athanasios and Mesa Geitonia. Prospective owners can choose between 1, 2 and 3 bedroom apartments as well as 2 and 3 bedroom penthouses that enjoy their own private roof gardens and a premium set of features.

All apartments are built to high quality requirements, with a selection of extra features such as underfloor heating, concealed air conditioning in bedrooms, a variety of material upgrades.

The project site’s location provides easy access to the highway, the commercial areas of the city and a number of amenities.

Other specifications:

• Landscaped park for the exclusive use of the residents of the project, equipped with children’s playground facilities
• Common lift.

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