+ 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%

4 bedrooms Penthouse in Rise Germasogeia, Limassol, Cyprus No. 24363

4

Bedrooms

4

Bathrooms

169.8 sq.m.

Square

Parameters

Property Description

Architecturally, these one block apartments were inspired by a Mediterranean vibe which blends seamlessly with the natural beauty of the coastline. This block consists of only eleven large spacious apartments that boast opulent living and dining spaces. Each apartment is curated with the best high quality materials and high standards finish where premium aesthetics fuse with elevated comforted high spec functionality. Residents will experience pleasing qualities with balance of color, shape and movement which will compliment functionality with attractive layouts. Enjoy an ultimate dream home that boasts an open air swimming pool with carefully manicured gardens overlooking a city of dreams. Luxurious penthouses offer beautifully designed private swimming pools with comfortable lounge roof terraces and stunning views of the dazzling city itself.

Similar Property

738 000

4 Bedrooms

3 Bathrooms

3 Floor

IV quarter, 2025

281.59 sq.m.

+ VAT

4 bedrooms Penthouse in Rise Germasogeia, Limassol, Cyprus No. 24363

4 bedrooms Penthouse in Rise Germasogeia, Limassol, Cyprus No. 24363

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