+ 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 Limassol, Cyprus No. 26959

3

Bedrooms

3

Bathrooms

126 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

New 3 bedroom penthouse in a new residence nestled in the heart of Limassol's bustling city center. The project is a testament to the perfect fusion of contemporary design and convenient urban living. With just 7 exquisite park-view apartments spread across 4 floors, the project is ideally situated just a stone's throw away from the bustling Makariou street, west of Lanitio area. The convenience of this location is second to none, making it the perfect choice for families, professionals, and anyone looking to immerse themselves in the vibrant heart of Limassol. This central location ensures that everything you need is within easy reach. Here, you will find yourself in close proximity to esteemed schools, lush parks, supermarkets stocked with the finest goods, charming cafes, and a myriad of other essential amenities. The apartments at the residence are bathed in natural light, offering a sense of airiness and spaciousness. The open-plan layout seamlessly combines the living, dining, and kitchen areas, creating a dynamic space perfect for both relaxation and entertainment. The apartments feature ample storage, functional kitchen designs, and high-end fixtures throughout. As a resident of Residence, you will enjoy the pleasure of having a private oasis within the city with park views. MAIN FEATURES: Central VrV Air-Condition System, Photovoltaics & Net Metering for Each Apartment, Electric Vehicle Charge Provision for Each Apartment, Thermal Aluminum Lift & Slide - Floor-to-ceiling height doors, High Ceilings: +3m height, Face Recognition Entry Video Phone, Interior Design Consultation, Automated Gate for Parking Area, Wifi Controlled Water Heater.

Features

Veranda

Veranda

Storage room

Storage room

Statistics

€ 4 788

Price per sq.m.

158

Quality of Life Index

66

Cost of Living Index

Choose a city for comparison

Parameters

Limassol

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 454

Apartment (1 bedroom) Outside of Centre

€ 1 225

Apartment (3 bedrooms) in City Centre

€ 2 337

Apartment (3 bedrooms) Outside of Centre

€ 1 835

Buy Apartment Price

Price per square metre in the city centre

€ 4 788

Price per square metre outside the city centre

€ 3 524

3 bedrooms Penthouse in Limassol, Cyprus No. 26959

3 bedrooms Penthouse in Limassol, Cyprus No. 26959

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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