+ 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 Penthouse in Ekali, Limassol, Cyprus No. 58582

2

Bedrooms

2

Bathrooms

79 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 2-Bedroom Penthouse for Sale in Ekali, Limassol
Modern 2-bedroom penthouse for sale on the 3rd floor of an under-construction development in Ekali.
The apartment offers 79 m² of internal space, complemented by a 23 m² covered veranda and an impressive 55 m² uncovered terrace, providing plenty of outdoor space for relaxing and entertaining.
It features 2 bedrooms, 2 bathrooms, 1 covered parking space, Energy Efficiency A, elevator and security door, as well as provisions for air conditioning and electric shutters.
Conveniently located close to schools, Limassol city centre, cafés and restaurants, making it an attractive option for both private living and investment.

Features

City center

City center

New project

New project

Elevator

Elevator

School

School

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+ VAT

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450 000

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79 sq.m.

+ VAT

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2 Bedrooms

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2 bedrooms Penthouse in Ekali, Limassol, Cyprus No. 58582

2 bedrooms Penthouse in Ekali, Limassol, Cyprus No. 58582

Features

Location

City center

City center

Features

New project

New project

Indoor facilities

Elevator

Elevator

Outdoor features

School

School

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