€ 335 000

€ 4 136 / 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. 50271

Bedrooms

81 sq.m.

Square

Parameters

Property Description

This residential development is located in Mesa Geitonia, Limassol and consists of a three-storey apartment building designed to accommodate independent two-bedroom apartments. The project offers a practical residential layout suitable for comfortable everyday living.

The apartments are arranged within a low-rise building structure, providing privacy and convenient access for residents. Each unit is designed as an independent two-bedroom apartment, offering a functional living environment within a compact residential development.

The property includes a courtyard area where soil landscaping will be placed, creating a more natural outdoor environment within the building’s grounds. Parking spaces are also provided within the courtyard area of the building.

The main features of the project and the units:
• Apartments in a three-storey residential building
• Independent two-bedroom apartments
• Located in Mesa Geitonia, Limassol
• Courtyard area with soil landscaping
• Parking areas within the courtyard

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