+ 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 Penthouse in Kato Polemidia, Limassol, Cyprus No. 6601

3

Bedrooms

2

Bathrooms

101 sq.m.

Square

Parameters

Property Description

This brand new penthouse apartment located just a few minutes from the center of Limassol in the residential area of Kato Polemidia. With direct access to the highway and easy connections to cities like Paphos, Larnaca, Nicosia. Build with luxury specifications for a stylish and comfortable city living. With benefits like communal pool, mini football pitch, playground and shower rooms. A valuable investment opportunity

Features

City view

City view

New project

New project

Private parking

Private parking

Swimming pool

Swimming pool

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3 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 6601

3 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 6601

Features

Location

City view

City view

Features

New project

New project

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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