+ 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 Bellini Residence Limassol, Cyprus No. 4536

3

Bedrooms

2

Bathrooms

119.3 sq.m.

Square

I quarter, 2017

Completion date

Parameters

Property Description

Luxury 3 bedroom penthouse in a prestigious complex located in Germasogeia area of Limassol city. Bellini Residence is comprised of elite apartments and penthouses situated just a few minutes walk to Dasoudi Beach and all city amenities. Indoor facilities offer swimming pool, parking space and controlled entrance. High standard finishing materials are being used in construction. Apartment specification includes high ceilings, large covered balconies and provisions for underfloor heating. Bellini Residence is an ideal choice for a comfortable living in a quiet surroundings.

Features

Veranda

Veranda

Swimming pool

Swimming pool

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

3 bedrooms Penthouse in Bellini Residence Limassol, Cyprus No. 4536

3 bedrooms Penthouse in Bellini Residence Limassol, Cyprus No. 4536

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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