€ 450 000

€ 5 556 / 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. 50693

Bedrooms

81 sq.m.

Square

Parameters

Property Description

This elegant three-floor building offers a combination of privacy, contemporary design, and prime urban accessibility. Perfectly positioned in the city center, it provides immediate reach of Limassol’s main commercial streets, essential services, cafés, restaurants, shops and everyday amenities.

The development consists of three beautifully designed two-bedroom apartments, with one apartment on each floor. With only three apartments in total, the building offers residents a more peaceful and refined living environment.

The third-floor apartment enjoys its own private roof garden and swimming pool.

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