+ 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%

2 bedrooms Penthouse in Limassol, Cyprus No. 28973

2

Bedrooms

2

Bathrooms

80.1 sq.m.

Square

II quarter, 2025

Completion date

Parameters

Property Description

New 2 bedroom penthouse in a new residence is perfectly situated in the outskirts of vibrant Limassol. Located just 2 minutes from the highway and in close proximity to Grammar School, a well-established private school, the prime location offers unparalleled convenience and accessibility. Indulge in the epitome of elevated living with the addition of a shimmering swimming pool. Experience a world of contemporary luxury in our thoughtfully designed apartments. With meticulous attention to detail, each unit boasts modern finishes, spacious layouts, and panoramic views of the surrounding cityscape. The building consists parking area, 2 levels with 3 two bedroom apartments and 1 - three bedroom apartment, and the 3rd level with 2 penthouses. Apartment features living and dining area with an open-plan kitchen, covered terrace, roof garden wyth private swimming pool, 2 bedrooms, 2 bathrooms, 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 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: May 2025

Features

Veranda

Veranda

Storage room

Storage room

Swimming pool

Swimming pool

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

2 bedrooms Penthouse in Limassol, Cyprus No. 28973

2 bedrooms Penthouse in Limassol, Cyprus No. 28973

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Swimming pool

Swimming pool

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