+ 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%

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 53850

3

Bedrooms

2

Bathrooms

95 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 3 bedroom penthouse for Sale in Kato Polemidia – Off-Plan Opportunity
Situated on the 2nd floor in a quiet residential neighborhood of Kato Polemidia, this bright and airy 95 sq.m. apartment offers comfortable modern living. The layout includes a well-designed open-plan bedroom and living area, a bathroom, and a closed parking space. Additional features include air conditioning, a solar water heating system, and storage space. Enjoy city views and energy-efficient living, with an Energy Certificate rated Class A. Deliver Q4 2027

Features

City view

City view

Off-plan development

Off-plan development

Private parking

Private parking

Garden

Garden

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3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 53850

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 53850

Features

Location

City view

City view

Features

Off-plan development

Off-plan development

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

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