€ 1 400 000

€ 6 422 / 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 Apartment in Limassol, Cyprus No. 55753

Bedrooms

Bathrooms

218 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

3 Bedroom Penthouse on the Contemporary New Residential Building for Sale in one of the most popular areas of Limassol – Neapoli. The building consists of Eight 3 bedroom apartments. Internal area of the Penthouse is 120 SQM plus 30 SQM covered veranda, and 70 SQM the Roof Garden. The apartments offer contemporary minimalistic design, made with high quality materials. The bright open-plan layout seamlessly connects the living, dining and kitchen areas. All three bedrooms are en-suite and spacious covered veranda with the beautiful sea and city view. The Roof Garden providing a Jacuzzi, bar and a BBQ area. EU building standards, water underfloor heating, AC, photovoltaic panels for all building, swimming pool, sauna, gym, small playground, underfloor parking and a storage. Property is situated in the quiet residential neighbourhood.
Just 200m from the coast line. Central location offering walking distance to all amenities you desire also easy access to the centre of the city and Marina Limassol. It’s a chance to own a property that embodies the epitome of contemporary living and a great investment opportunity.