+ 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. 28990

3

Bedrooms

4

Bathrooms

111.8 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

New 3 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. Nestled in prestigious neighborhood, this visionary project offers 8 exclusive apartments and 3 stunning penthouses. With its impeccable architectural design and uncompromising commitment to ultra-high-quality materials, the residence redefines opulence. From the finest marble finishes to carefully selected fixtures, every detail has been meticulously crafted to create an ambiance of pure refinement. Apartment features living and dining area with an open-plan kitchen, covered and uncovered terraces, roof garden with WC, 3 bedrooms, 3 bathrooms, each unite has covered parking place. All apartments have sea view.

Features

Veranda

Veranda

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. 28990

3 bedrooms Penthouse in Limassol, Cyprus No. 28990

Features

Indoor facilities

Veranda

Veranda

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