€ 675 000

€ 7 391 / 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 Penthouse in Limassol, Cyprus No. 53874

Bedrooms

Bathrooms

91.33 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Contemporary Apartment in Boutique Development in Neapolis, Limassol
A modern penthouse apartment with private roof garden is available for sale in a newly built boutique residential development in the highly desirable Neapolis area of Limassol.
The project features 8 stylish two-bedroom apartments, with the top floor offering two luxurious penthouses, each with its own private roof garden, perfect for outdoor living and entertaining.
Ideally located between the city centre and the waterfront, the development provides exceptional access to all essential amenities, including shops, cafés, restaurants, schools, and public transport.
Each apartment includes:
Modern open-plan living and kitchen area
High-quality finishes
Covered parking space