€ 520 000

€ 4 815 / 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 Kato Polemidia, Limassol, Cyprus No. 55563

Bedrooms

Bathrooms

108 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 3 Bedroom Penthouse Apartment for Sale in Kato Polemidia
An excellent investment opportunity in a prime Kato Polemidia location. This bright and airy 3-bedroom apartment 108 sq.m.) is situated on the third floor of a contemporary development in a quiet residential neighborhood.
The property features:
3 comfortable bedrooms
3 modern bathrooms
1 covered parking space
Energy Efficiency Class A
Air conditioning provisions
Solar water heating system
CCTV security system
Ideally located close to schools, supermarkets, cafés, restaurants, entertainment venues, and the city center, the apartment also enjoys pleasant city views.