€ 3 690 000

€ 23 533 / 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 Parekklisia, Limassol, Cyprus No. 31160

Bedrooms

Bathrooms

156.8 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

A magnificent opportunity awaits with this second-floor apartment for sale in the sought-after Parekklisia – Tourist Area. Spanning an impressive 156.80 sq.m. with covered verandas 30 sq.m. and uncovered verandas 10.80 sq.m., this property offers a spacious and modern living space. Comprising three bedrooms, three bathrooms, a well-equipped kitchen, and a comfortable living room, it provides ample room for luxurious living. Added convenience comes with a closed parking space included. Air conditioning ensures year-round comfort, while the energy certificate rating of A reflects the property’s efficiency. Currently under construction, this apartment presents an exciting opportunity to customize and personalize according to your preferences. Situated near the sea, seaside attractions, a bustling mall, and the city center, residents will enjoy easy access to amenities and entertainment options. Additionally, the property offers storage facilities, a common swimming pool, sauna, and gym, enhancing the luxurious lifestyle it promises. Don’t miss out on the chance to invest in this upscale property in a prime tourist area.
Delivery date: August 2026