€ 1 100 000

€ 10 680 / 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 Penthouse in Agios Athanasios, Limassol, Cyprus No. 9024

Bedrooms

Bathrooms

103 sq.m.

Square

Parameters

Property Description

A brand new, modern apartment block consisting of five apartments. Comprising of two bedroom apartments, open spaces and large verandas the new block will be located in the amazing area of Agios Athanasios, with stunning sea views. Suitable for quiet living with only a few minutes’ drive to the sea and Limassol’s vibrant town centre, with all amenities and services nearby.