2 bedrooms Penthouse in Limassol, Cyprus No. 82281
ID82281
$ 590 934
Property description
Reference ID: #SA35491Price details: €507,000 +VATProject is in the heart of Neapolis neighbourhood, just 500 meters from the beach.This modern development includes studios, two-bedroom apartments across four floors, and exclusive roof gardens offering stunning city views.This prime location supports high demand for short-term and long-term rentals with strong potential for capital appreciation.Proximity to Amenities: Close to shopping, dining, entertainment, and excellent public transport links.Accessibility: Easy access to major roadways and public transportation.Investment HighlightsHigh Demand: The central location ensures high demand for both long-term and short-term rentals.Yield Potential: Competitive off-plan pricing with a promising high yield and return on investment.Covered area: 75 sq.m.Covered veranda: 17 sq.m.Roof garden: 33 sq.m.PLUS V.A.TReference number: SA35491
Property area: 92 m2
Type: Penthouse
Floor: 4th
Parking: Covered
Condition: Brand new
Furnishing: Unfurnished
Included: Storage room
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 2
Square meter price: €5.511 /m2
Bathrooms: 1:
Included: Storage room
Air conditioning: No
Energy Efficiency: N/A
Bedrooms: 2
Square meter price: €5.511 /m2
Bathrooms: 1:
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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.