€ 450 000

€ 4 054 / sqm

+ 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 Apartment in Parekklisia, Limassol, Cyprus No. 8127

Bedrooms

Bathrooms

111 sq.m.

Square

Parameters

Property Description

For sale: This spacious key-ready penthouse apartment offers 111 m² of internal living space, making it an ideal choice for families or anyone seeking comfort and convenience. The property features three generously sized bedrooms and two modern bathrooms, providing ample space for both relaxation and everyday living.

Located in the sought-after area of Parekklisia, this penthouse benefits from peace and privacy while being close to local amenities. Residents enjoy easy access to supermarkets, schools, cafes, and all essential services, making daily life simple and stress-free. The apartment is easily reached by elevator, ensuring maximum convenience.

Parekklisia is known for its blend of green landscapes and modern developments. The area has a friendly community atmosphere and offers a perfect balance between tranquility and practicality. You are just minutes away from the coastline, as well as major road links connecting you to nearby towns.