€ 700 000

€ 7 216 / 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 Mesa Geitonia, Limassol, Cyprus No. 44237

Bedrooms

97 sq.m.

Square

Parameters

Property Description

It is a residential development with six apartments, in the area of Mesa Geitonia wich has easy access to the center of Limassol as well as the highway.

Each apartment includes 2 bedrooms of which the main bedroom has en-suite shower.

All residences have an open plan living room, covered outdoor areas as well as their own storage and parking space. The central entrance of the building will be controlled by a video intercom system.

Top floor apartments have a specious roof garden that includes jaccuzi or a swimming pool, extra bedroom with en-suite shower and barbeque area.

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