€ 830 000

€ 7 757 / sqm

+ 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 Apartment in Agios Nektarios, Limassol, Cyprus No. 31035

Bedrooms

Bathrooms

107 sq.m.

Square

Parameters

Property Description

This penthouse apartment is under construction in Agios Nektarios, Cyprus, with completion set for 2026. Spanning 107 square meters, the layout carries three bedrooms and three bathrooms across a single level topped by a private elevator, giving direct access to the apartment without a shared lobby stop.

The interior spaces are arranged for a modern finish throughout, with the penthouse position placing living areas above the surrounding rooflines and opening the apartment to a city view. With three bathrooms serving three bedrooms, the layout allows for ensuite arrangements rather than a single shared facility.

The building sits within a gated complex, adding a controlled point of entry to the property. Its position close to the highway makes for straightforward road access beyond the immediate neighborhood, while nearby amenities put everyday errands within easy reach.

Agios Nektarios is a residential district of Limassol, one of Cyprus's larger coastal cities, and the area reflects that city setting with a mix of apartment buildings and lower-rise housing typical of Limassol's newer residential neighborhoods. Living here places you within the built-up fabric of the city rather than in an outlying village, with the pace and amenity mix that a district of a coastal city of this size typically carries.

Contact Purple International Real Estate to discuss the build timeline and reserve this penthouse ahead of its 2026 completion.