€ 450 000

€ 4 054 / 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 Parekklisia, Limassol, Cyprus No. 55923

Bedrooms

Bathrooms

111 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

• Ready 3-Bedroom Penthouse Apartment for Sale in Parekklisia, Limassol
Experience elevated living in this ready-to-move-in 3-bedroom penthouse, located in the serene and scenic area of Parekklisia — known for its panoramic sea and nature views and peaceful atmosphere.
This exclusive development comprises two modern blocks with 1-, 2-, and 3-bedroom apartments, all crafted with luxury finishes and high-quality materials.
• Property Features:
3 Bedrooms | 2 Bathrooms
Spacious Open-Plan Living & Dining Area
Fully Fitted Kitchen with granite worktops
Large Verandas with beautiful city and sea views
Private Parking & Storage Room
• Specifications:
Granite countertops & laminated parquet floors in bedrooms
Double-glazed windows
Solar panels for energy efficiency
Modern design & bright interiors