€ 2 150 000

€ 11 140 / 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 Agios Tychonas, Limassol, Cyprus No. 56232

Bedrooms

Bathrooms

193 sq.m.

Square

Parameters

Property Description

Quiet surroundings and proximity to all city amenities.
Located in a prestigious area of Columbia close to Sklavenitis supermarket and the famous blue flag Dasoudi beach, within close proximity to a range of exclusively selected boutiques, banks, schools, and other amenities. Built to the highest standards with quality materials, luxury finishes, naturally enlighted interiors. The development enjoys exceptional privacy and security landscaped gardens, a communal pool and a private swimming pool at the roof garden.