€ 720 000

€ 6 851 / 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%

3 bedrooms Penthouse in Limassol, Cyprus No. 54216

Bedrooms

Bathrooms

105.1 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

This new 4-storey residential building is located in the vibrant and sought-after area of Neapolis, Limassol, just a short walk from the stunning coastline. Designed with luxury and modern living in mind, the building offers a total of 9 meticulously crafted flats, including 2 x 1-bedroom 6 x 2-bedroom apartments and 1x 3-bedroom penthouse apartment with private roof garden. Each residence boasts high-end finishes and superior craftsmanship, ensuring the utmost comfort and elegance. The building has been thoughtfully designed to combine both aesthetics and functionality, with modern layouts that cater to contemporary lifestyles.