+ 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 Agios Nektarios, Limassol, Cyprus No. 6007

2

Bedrooms

2

Bathrooms

83.26 sq.m.

Square

Parameters

Property Description

This well-thought of penthouse is designed to offer a beautiful blend of comfortable but yet modern living. Situated in a quiet residential neighbourhood in a short distance away from the city centre, within close proximity to all amenities such as banks, supermarkets, pharmacies, parks, and schools, restaurants, and cafes. All the materials, tiles, and sanitary ware are of the highest quality. Will satisfy even the most demanding clients who are seeking a special residence and therefore a better quality of life. The penthouse enjoys the leisure of a private pool on the rooftop as well as very spacious outside areas. The sea and city views from the roof garden are amazing.

Features

City center

City center

New project

New project

Private parking

Private parking

School

School

Garden

Garden

Swimming pool

Swimming pool

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2 bedrooms Apartment in Agios Nektarios, Limassol, Cyprus No. 6007

2 bedrooms Apartment in Agios Nektarios, Limassol, Cyprus No. 6007

Features

Location

City center

City center

Features

New project

New project

Indoor facilities

Private parking

Private parking

Outdoor features

School

School

Garden

Garden

Swimming pool

Swimming pool

Supermarket

Supermarket

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