+ 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 Asomatos, Limassol, Cyprus No. 46891

2

Bedrooms

2

Bathrooms

85 sq.m.

Square

Parameters

Property Description

This modern residential development consists of just six elegant apartments set in the peaceful area of Asomatos. The location offers a rare combination of a calm, family-oriented neighborhood with essential amenities only a short distance away. Each apartment is designed with refined finishes, spacious interiors, and an open-plan layout that enhances comfort and functionality. Large floor-to-ceiling windows create bright living spaces and offer pleasant cityscape views. The project is well suited for families seeking a long-term home in a safe environment, as well as for buyers looking for a high-quality investment.

The main features of the project and the units:
• Six modern apartments
• Open-plan living and kitchen
• Light and airy interiors
• Spacious bedrooms
• Floor-to-ceiling windows
• Cityscape views
• Family-friendly location
• Close to shops, cinemas, bars, and restaurants
• Near the city center
• 15 minutes to the beach

The project has an EPC certificate with “A” energy efficiency rating.

Features

Storage room

Storage room

Car park

Car park

Similar Property

290 000

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+ VAT

285 000

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85 sq.m.

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285 000

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300 000

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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