€ 530 000

€ 6 235 / 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. 56492

Bedrooms

Bathrooms

85 sq.m.

Square

Parameters

Property Description

For sale: A modern two-bedroom penthouse apartment, currently under construction and set for completion in 2027. Spanning a comfortable 85 m² of internal space, this bright and spacious apartment features one well-appointed bathroom. You can enjoy the advantage of direct elevator access. The apartment is unfurnished, allowing you to bring your own style to this fresh, contemporary space.

Located in the desirable area of Agios Nicolaos, this property is perfectly positioned for both convenience and tranquility. Agios Nicolaos is known for its welcoming community feel, tree-lined streets, and proximity to local shops, schools, and parks. The area also offers easy access to the nearby highway, making commuting straightforward. All daily amenities are just a short drive or walk away, delivering both practicality and lifestyle appeal.

The apartment forms part of a secure, gated complex and boasts energy efficiency class A, ensuring lower running costs and a comfortable living environment all year round. This attractive penthouse presents an excellent opportunity for both homebuyers and investors seeking a modern residence in a prime location.

Offered exclusively by Purple International Real Estate, contact us today for further details or to arrange a tour.