3 bedrooms Apartment in Limassol, Cyprus No. 52540

Bedrooms

70 sq.m.

Square

€ 2 340 000

€ 33 429 / 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%

Parameters

Property Description

Residences are ideally located just steps from the beautiful coastline of Limassol, surrounded by five-star luxury hotels, designer boutiques, first-rate restaurants and cafés.
26-storey residential tower offers a platinum level of island living to discerning residents seeking quality, beauty, and exclusivity.

Residences are constructed with generous proportions, using top quality building materials and finished to the highest of standards, boasting top-of-the-line appliances and technologies. They feature comfortable, open plan living areas that extend onto large, ample balconies with glass railings that serve up beautiful views. Stylish bedrooms provide a tranquil haven, thoughtfully decorated with a warm, cozy approach. Kitchens are bright and spacious, offering a well-equipped.

Residents have access to hotel-grade facilities, including an outdoor swimming pool, open-air hot tub and children's pool with a deck area and gazebo lounges, an open-air terrace, and barbecue area. Fitness enthusiasts can make use of the fitness center, tennis courts and basketball courts, as well as the sauna and steam room and massage room. Exclusive, residents-only areas include a residents' lounge, business center, children's playroom and private cigar club.

Residents have access to a team of highly skilled professionals who will cater to their every request. 24/7 front desk and security personnel are on hand to manage your day-to-day needs, and residents also have access to storage rooms and e-car charging stations. A range of additional services are available upon request.

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