+ 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 Kato Polemidia, Limassol, Cyprus No. 26645

3

Bedrooms

2

Bathrooms

95 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

Modern 3 bedroom penthouse is located in a residential building.This brand new modern building is located in Kato Polemidia area only 2 minutes drive from the hihgway, 5 minutes drive from the commercial port and the heart of Limassol. The building consists parking area, 2 levels with 6 apartments: 1 - one bedroom  apartment, 4 – two bedroom apartments, 1 - three bedroom apartments and the 3rd level with 2 - three bedroom penthouses. Penthouse features living and dining area with an open-plan kitchen, covered terrace, roof garden, 3 bedrooms, 3 bathrooms, each unite has covered parking place and store room. Finishes and specifications include: ceramic flooring in living/dining room and kitchen room, bedrooms are fitted with laminate parquet flooring, verandas are covered with ceramic tiles, aluminum double-glazed windows, provision for electric shutters, installation of video entry system, provision for A/C. Solar water heater  system. The main entrance of the building is equipped with a video door entry system. Entrances to the building parking spaces are accessible using remote controls. Delivery date: August 2025

Features

Veranda

Veranda

Storage room

Storage room

3 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 26645

3 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 26645

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more