€ 1 950 000

€ 15 000 / 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 Protaras, Ammochostos, Cyprus No. 43042

Bedrooms

130 sq.m.

Square

Parameters

Property Description

Nestled in the heart of Protaras, adjacent to Cape Greco conservation area, the project is a haven of residential bliss. The complex consists of 25 exclusive units, crafting a distinctive living experience. It features an array of 5-bedroom villas and 2, 3 and 4-bedroom beachfront apartments, each epitomizing high aesthetic standards, avant-garde architecture and premium quality. Every villa has its own swimming pool, a garden, private parking and a rooftop garden. The apartments will enjoy expansive balconies and rooftop gardens.

The residences are ingeniously designed to merge indoor elegance with outdoor.

Basic features:

Villas

• 4 luxury villas
• 5 bedrooms
• sea views
• private swimming pool
• roof garden
• minimal design
• large gardens
• natural light
• parking

Apartments

• 25 beachfront apartments
• 2, 3, 4 bedrooms
• 4 floors
• sea views
• roof garden
• elegant design
• communal swimming pool
• communal lush gardens
• parking.

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