€ 900 000

€ 6 742 / 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. 56285

Bedrooms

Bathrooms

133.5 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Located in the heart of Limassol city, this three-bedroom penthouse literally breathes out oxygen.
The spacious penthouse enjoys an open-plan interior, kitchen, and living room. A combination of innovative design with state-of-the-art architecture.
With just a minute’s walk, you may find all necessary services and amenities as well as the easiest access to all local transportation. It could be a great investment opportunity for any type of purpose, or an ideal home for those who enjoy the unique vibes of the city center.