€ 489 000

€ 5 686 / 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%

2 bedrooms Apartment in Limassol, Cyprus No. 56353

Bedrooms

Bathrooms

86 sq.m.

Square

Parameters

Property Description

For sale: Off-plan modern penthouse apartment in Katholiki with an internal space of 86 m2. This spacious home features two bedrooms and two bathrooms, offering comfortable living for families, couples, or professionals. The penthouse is serviced by an elevator and located within a secure, gated complex.

Enjoy a bright, open-plan design with a contemporary finish. The property comes with energy efficiency class A, underfloor heating, a central AC system, and the option to purchase furnished, making it move-in ready. Large windows provide a sweeping city view, adding to the feeling of modern elegance.

Katholiki is a sought-after urban area known for its blend of traditional charm and modern convenience. Residents appreciate its proximity to highways, making commuting easy. The area offers a variety of shops, restaurants, schools, and services within walking distance. It is ideal for those who love city life but seek a peaceful neighborhood atmosphere.

This penthouse will be completed in 2029, making it a great opportunity to secure your future home today. For more details or to arrange a meeting, contact Purple International Real Estate.