2 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 56568

Bedrooms

Bathrooms

89 sq.m.

Square

€ 460 000

€ 5 169 / 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

This boutique residential building is set in the sought-after hills of Agios Athanasios, in the northern part of Limassol, combining a quiet elevated setting with quick access to the city.

The building comprises only six two-bedroom apartments, two per floor. Each apartment has a covered veranda, a private storage room and allocated parking, with the entrance to the parking area protected by electric sliding gates with remote control. The third-floor apartments additionally enjoy spacious private roof gardens with their own storage room and WC.

The building is fully anti-seismic and finished to a high standard: thermally insulated black anodised aluminium frames with double glazing, modern glass balustrades, high-security fire-rated entrance doors, granite kitchen countertops, a solar water-heating system with pressurised water supply, provision for split air-conditioning units in all areas and a colour video intercom system.

The main features of the project and the units:

• Two-bedroom apartments with covered verandas
• Private roof gardens with storage and WC on the top floor
• Storage room and allocated parking for every apartment
• Fully anti-seismic reinforced concrete structure
• Thermally insulated aluminium frames with double glazing
• High-security fire-rated entrance doors
• Solar water heating with pressurised water system
• Colour video intercom and remote-controlled parking gates

The project has an EPC certificate with "A" energy efficiency rating.