3 bedrooms Apartment in Mesa Geitonia, Cyprus No. 32858
ID32858
$ 680 727
Property description
Reference ID: #SA26415Price details: €650,000 +VATThis project is located on the prestigious Panthea hills, from where it enjoys panoramic views of all the city of Limassol all the way down to the sea. Panthea hills are located in Limassol city just above the highway, and more specifically above 'Mesa Gitonia" roundabout from where you can access any location of Limassol in less than 5 to 10 minutes drive. The area is surrounded by all everyday amenities and is very near to prestigious private schools.The planning permission for this project has just been issued so by September 2021 its construction will begin and its completion is expected to finish by July 2023.Ten large and super luxury apartments will be build in this project in total with communal swimming pool, communal gym and panoramic views of all the city of Limassol all the way down to the sea for every apartment. The two penthouses will have their private roof garden with private swimming pool on top as can be seen in the pictures. The project sits on a 1238m2 corner shape plot offering privacy and spacious parking areas. The ground floor consists of the parking and storage room areas, the communal swimming pool, the communal gym and a private playground by the pool area. Then the first floor is a mechanical floor (three meters high) so the apartments start from the 2nd floor onwards, there are no 1st floor apartments.Last but not least, there is a green park to the north side of this project which belongs to the municipality meaning nobody is allowed to ever build in it, offering extra privacy.Covered area 125 sq.m.Covered veranda 31 sq.m.Completion Date: 1/7/2023PLUS V.A.T
Reference number: SA26415
Property area: 156 m2
Type: Apartment
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Storage room, Balcony
Air conditioning: Full, all rooms
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €4.167 /m2
Bathrooms: 2:
Reference number: SA26415
Property area: 156 m2
Type: Apartment
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Storage room, Balcony
Air conditioning: Full, all rooms
Energy Efficiency: N/A
Bedrooms: 3
Square meter price: €4.167 /m2
Bathrooms: 2:
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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.