2 bedrooms Penthouse in Asomatos, Limassol, Cyprus No. 56456

Bedrooms

79 sq.m.

Square

€ 489 500

€ 6 196 / 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%

Parameters

Property Description

The project offers a good selection of 1, 2 and 3-bedroom garden apartments and penthouses. Conveniently located southwest of the Limassol historic town center, on the Akrotiri Peninsular, in one of the city’s most upcoming and green areas.

The project is just a few minutes’ drive away from Limassol’s biggest Shopping Mall, the Fasouri Water Park, the British Sovereign Bases, the unspoiled beaches of Ladie’s Mile & Kourion amphitheatre, the international schools and next to the new planned Fassouri Golf Course. Over 75% of the area is allocated to the landscaped gardens, with meandering paths and ponds, which surround large free form swimming pools and separate children’s pool, Jacuzzi baths, and a children’s playground. A gated community with ample parking, a concierge service and high class finishes are all available with this property in Limassol.

The Project has EPC certificate with "B" Energy Efficiency Rating

2 Bedrooms

79 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

79 sq.m.

+ VAT

2 Bedrooms

79 sq.m.

+ VAT

2 Bedrooms

2 Bathrooms

79 sq.m.

+ VAT