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+ 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. 23914

3

Bedrooms

3

Bathrooms

200.7 sq.m.

Square

II quarter, 2026

Completion date

Parameters

Property Description

An astonishing modern complex with breathtaking views of the Mediterranean sea. Created to enjoy genuine seafront living at its best. Inspired by its legendary location, this stunning establishment is situated next to St. Raphael Marina and Limassol’s best fine dining restaurants. Offering iconic residential and luxury with 5-star services. The project boasts only 5 apartments and 2 luxurious penthouses with private roof top pools. Each apartment will have two parking spaces, a storage room, and a maid’s room. The indoor facilities include communal swimming pool, gym and sauna.MAJOR BENEFITS:

First line beachfront location;

Breathtaking unobstructed sea views;

High-end neighborhood with the best 5-star hotels and restaurants;

Communal swimming pool, gym and sauna;

High standards of finishes;

Maid’s room on the ground floor of each apartment;

High-quality built-in furniture;

EVERY PROPERTY IS DELIVERED WITH THE SIGNATURE TOP STANDARD FINISHES:

Semi-solid parquet floors in each room;

Marble floor and walls in the toilets and bathrooms;

High ceilings (3.15 m);

Security entrance doors;

Intercom system;

Water under floor heating system and VRV conditioning;

High-standard sanitary ware from European brands;

Thermal aluminum window frames with double glazing;

High-standard kitchen cabinets and wardrobes from European brands;

Features

Close to the beach

Close to the beach

Near public transportation

Near public transportation

Close to shopping malls

Close to shopping malls

Prestigious district

Prestigious district

First sea line

First sea line

Sea view

Sea view

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3 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 23914

3 bedrooms Apartment in Parekklisia, Limassol, Cyprus No. 23914

Features

Location

Close to the beach

Close to the beach

Near public transportation

Near public transportation

Close to shopping malls

Close to shopping malls

Prestigious district

Prestigious district

First sea line

First sea line

Sea view

Sea view

City view

City view

Panoramic view

Panoramic view

Beautiful view

Beautiful view

Features

Intercom

Intercom

Smart Home system (on demand)

Smart Home system (on demand)

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