€ 950 000

€ 8 796 / 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 Limassol, Cyprus No. 45281

Bedrooms

108 sq.m.

Square

Parameters

Property Description

Private estate of apartment residences, offering a modern and luxurious environment.
Located in Limassol, in the heart of Cyprus’ most cosmopolitan destination, surrounded by tranquil landscaped gardens and generous terracing, relaxation and entertainment areas and outdoor pool.
Project consists of two buildings made up of 1, 2 and 3 bedroom apartments, and 3 bedroom Deluxe Penthouses offering private roof top pool and unobstructed sea views.
All residences are built to the highest standards; incorporate the finest materials, and offer additional leisure and lifestyle amenities.

Apartments' Features:

• Underfloor Central Heating
• Custom Designed Kitchens and Wardrobes
• Granite Worktops
• Porcelain flooring
• Sanitary Ware (Roca)
• Mixers & taps (Grohe)
• Fly Screens on Windows & Patio Doors
• Decorative ceilings with hidden lighting
• Security Door
• Video Phone Entry System
• Pressurized Water System
• Pipe in Pipe plumbing System
• Solar Panel Water Heating
• Thermal Insulation throughout (extruded polystyrene)
• Covered secured Parking & Private Storeroom

Furthermore:

• Gated Secured Complex
• CCTV for all Common Areas
• Luxury entrance Lobby
• Decorative Architectural LED lighting for Common Areas
• Residence only Gym Facilities
• Overflow outdoor Swimming Pool
• Children’s Pool
• Residence only Events/conference facilities
• Fully Landscaped Garden areas
• Private Secured Parking for residents
• Property Management Services

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