€ 430 000

€ 3 644 / 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. 55426

Bedrooms

Bathrooms

118 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

This 3 bedroom penthouse apartment situated within a 2 building residential complex is located in Agia Fyla. Cozy residence of only 12 apartments in each building.
The apartment is on the third floor, and has a spacious internal area of 118m2 and covered veranda of 20m2, and roof garden of 26m2. It also includes a covered parking and a storage.
The project is only 4 minutes by car to major highways; 10 minutes by car to Alfa Mega and Lidl grocery supermarkets, premium design and turnkey finishes; covered parking and storage for each apartment; high quality building materials, tiles, sanitary ware, full provisions for air conditioning and heating, Airconditioning (cooling and heating) multi split technology will be installed
Provision of electric heating units, Solar panels, Double-glazed windows, Photovoltaic system for every apartment will be installed.