3 bedrooms Penthouse in Mouttagiaka, Limassol, Cyprus No. 53255

Bedrooms

89 sq.m.

Square

€ 1 050 000

€ 11 798 / 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

This development is nestling in the suburbs of Mouttagiaka, Limassol.
Immaculate design, first-class residential facilities and an astounding location surrounded by nature make this upscale accommodation ideal for families and young professionals.

Each property is finished to the highest standard and guarantees peace and comfort for the residents.

The project offers a range of accommodation. This includes one-, two- and three-bedroom flats of exemplary design, split between three apartment complexes, Complex A and B house 14 comfortable apartments each, while Complex C has 5 generously sized apartments. All have covered verandas, and some also boast roof gardens and uncovered verandas. In addition, there are five detached villas, all with private gardens and verandas, and some with optional private pools.

Residents of the development will additionally benefit from a shared outdoor pool, barbeque area, large playground and covered car parking.

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