€ 450 000

€ 4 054 / 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 Parekklisia, Limassol, Cyprus No. 45098

Bedrooms

111 sq.m.

Square

Parameters

Property Description

The project is located in the calm and convenient area of Parekklisia, in Limassol.
The development consists of 2 blocks and offers a variety of spacious 1 and 2 bedroom apartments along with 3-bedroom penthouses with large terraces.
The contemporary design and finishing of the project and its strategical location, make it a smart choice for a living.

Project Details:

• 2 Blocks of 3-floors each
• 1, 2 and 3 bedroom apartments
• Penthouse apartments with Roof Garden
• 5 minutes from the highway
• 10 minutes from the beach

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