€ 519 000

€ 5 767 / 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 Apartment in Limassol, Cyprus No. 58231

Bedrooms

Bathrooms

90 sq.m.

Square

Parameters

Property Description

City views form the backdrop to this modern penthouse apartment in Katholiki.

The interior provides 90 m2 of internal space, comprising three bedrooms and two bathrooms. Climate control is managed by a central air conditioning system alongside underfloor heating, contributing to the building's Class A energy efficiency rating. The living accommodation is offered with optional furnishings.

Elevator access connects directly to the top floor within this secure gated complex.

Katholiki is a central district of Limassol adjoining the city center. Low-rise and mid-rise apartment buildings stand alongside detached houses. Supermarkets, pharmacies, bakeries, and cafes operate across the district.

Off-plan delivery is scheduled for 2029. Contact Purple International Real Estate to register your interest.