+ 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 Agios Athanasios, Limassol, Cyprus No. 28597

3

Bedrooms

2

Bathrooms

106 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

Modern 3 bedrooms penthouse is located in the residence in the area of Ayios Athanasios. It is a luxurious modern residential project with sea view and it is a perfect opportunity for residence or investment. The small size of the building gives to the resident a unique feeling of exclusivity and security. There is an easy access to the center of Limassol and many amenities are close to the project. It has an easy access to the highway, it is close to both public and private schools such as The Grammar school and Foley’s school and it is a 5 minute drive from both Makarios Avenue and the beach. The project consists of just 12 apartments (2 one-bedroom luxury apartments, 4 two bedrooms luxury apartments, 2 three-bedrooms luxury apartments, 2 two-bedrooms luxury penthouse, 1 three- bedroom luxury penthouse and 1 one- bedroom luxury penthouse. Apartments features living and dining area with an open-plan kitchen, covered and uncovered terraces, roof garden, 3 bedrooms, 2 bathrooms (one with shower), each unite has covered parking place. 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 hot water system. Covered parking. 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: June 2025

Features

Veranda

Veranda

Storage room

Storage room

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 28597

3 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 28597

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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