€ 610 000

€ 8 026 / 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 Apartment in Limassol, Cyprus No. 51436

Bedrooms

Bathrooms

76 sq.m.

Square

Parameters

Property Description

For sale is a modern penthouse apartment currently under construction in the sought-after area of Katholiki. Offering 76 square meters of internal space, this stylish home features two bedrooms and two bathrooms, making it an excellent choice for professionals, couples, or small families seeking comfortable urban living.

This penthouse is designed with energy efficiency in mind and holds an A rating. Enjoy a bright, open-concept layout, central air conditioning, and contemporary finishes throughout. The apartment is easily accessible with an elevator and is situated in a secure, gated complex, providing peace of mind and privacy.

Katholiki is a lively area known for its blend of residential comfort and city convenience. You'll find a range of amenities close by, including shops, cafes, and schools. The location offers easy access to the highway and public transport, providing quick connections to the rest of the city while also offering attractive city views from your private retreat.

Scheduled for completion in 2027, this apartment presents an excellent opportunity for property investment or a future home. Contact Purple International Real Estate today for more information or to arrange a viewing.