4 bedrooms Penthouse in Limassol, Cyprus No. 52781

4

Bedrooms

4

Bathrooms

384 sq.m.

Square

+ 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

The building is of 37 floors with 83 luxurious residences. The building is offering residents all the advantages of esteemed hotel service. Property interiors are customisable, creating a home to meet buyer’s requirements. All residences have their own parking and private gardens or terraces. The tower offers breathtaking views. The building’s light, height and elegance support the shared vision to create a new category of elite living in Cyprus. There are maximum three apartments per floor. Every apartment at this residential building offers unrivalled views. On one side, the views to the sea and on the other, the view of the city and Troodos. The residents of the building have exclusive access to amenities, facilities and service. The spa has a relaxation and restorative treatments. The building also has a large pool, sun decks, planted terraces, bar with panoramic views, fitness center and a restaurant.

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

Features

Storage room

Storage room

Car park

Car park

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

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Outdoor features

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