€ 1 200 000

€ 7 595 / 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%

4 bedrooms Apartment in Agios Tychonas, Limassol, Cyprus No. 54817

Bedrooms

Bathrooms

158 sq.m.

Square

Parameters

Property Description

For sale: Discover this modern off-plan penthouse apartment in the sought-after area of Agios Tychonas. Offering 158 m² of internal space, this spacious home features four bedrooms and three bathrooms, providing plenty of room for families or those who wish to entertain guests. The property is designed with convenience in mind, featuring direct elevator access and underfloor heating throughout.

Enjoy a bright, open-plan layout with contemporary finishes and energy efficiency rated A, ensuring comfort and cost savings. Large windows fill the living areas with natural light and frame stunning sea views. The apartment is part of a gated complex, giving residents added security and a sense of community.

The development includes a communal swimming pool, perfect for relaxation and enjoying Cyprus' sunny climate. Located close to the highway and local amenities, this penthouse offers easy access to everything you need, from shops and restaurants to beautiful beach areas. Agios Tychonas is known for its tranquil setting, clean environment, and vibrant coastal lifestyle.

Scheduled for completion in 2028, this property is an excellent opportunity for buyers seeking a modern home or investment. For more information, contact Purple International Real Estate.