€ 1 250 000

€ 10 163 / 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 Limassol, Cyprus No. 37802

Bedrooms

Bathrooms

123 sq.m.

Square

Parameters

Property Description

A three-bedroom penthouse apartment under construction in Agios Nicolaos spans 123 square meters across two levels, with direct elevator access to the unit. The open-plan living and dining area connects to a modern kitchen, while the master bedroom and two additional bedrooms each access their own bathrooms. Floor-to-ceiling windows frame city views throughout.

The rooftop terrace features a private swimming pool and extends the living space into the open air. The apartment sits within a gated complex with controlled access. Energy efficiency rating A reflects the 2027 build specification and modern systems.

Agios Nicolaos is a residential district with apartment buildings and villas, most of them low-rise. Food shopping, restaurants, and pharmacies serve the area. The highway lies close by for easy access to wider Cyprus.

Contact Purple International Real Estate to arrange a viewing of this penthouse before completion.