+ 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. 28594

3

Bedrooms

2

Bathrooms

99 sq.m.

Square

II quarter, 2025

Completion date

Parameters

Property Description

Modern 3 bedroom penthouse in a luxurious building situated at the heart of Limassol. Its modern architecture and design attracts clients for both investment and private residence. It is situated very close to the sea front, near the Limassol Marina, the Land Registry Building and it is only a 10 minute drive from the Limassol Casino and My Mall. Having a breath taking sea view and being a 5 minute drive from the city centre and Anexartisias street with all the restaurants, shops and cafes near by it offers its residents a high level quality of living. The building consists of just 13 luxurious apartments giving thus to the residents the feeling of security and privacy. In specific it consists of 4 one bedroom apartments, 7 two bedroom apartments, 1 one bedroom penthouse and 1 three bedroom penthouse apartment. Each apartment has covered parking and storage. Date of delivery: April 2025

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. 28594

3 bedrooms Penthouse in Limassol, Cyprus No. 28594

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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