515 000

Price history

€ 515 000

€ 485 000

€ 5 659 / 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 Penthouse in Limassol, Cyprus No. 40749

3

Bedrooms

91 sq.m.

Square

Parameters

Property Description

The project is a contemporary residential development defined by clarity of design, precision in detail and quality in execution. The project comprises a limited collection of well-proportioned one, two and three-bedroom apartments, along with penthouses.

Characterized by clean architectural lines, carefully selected materials, and functional interior layouts, the development delivers a harmonious balance between aesthetics and practicality.

Positioned in a prime residential location with immediate access to key amenities and city infrastructure, the project represents a considered investment opportunity and a distinctive place to live within Cyprus’s evolving real estate landscape.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Car park

Car park

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

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+ VAT

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Verified property

3 bedrooms Penthouse in Limassol, Cyprus No. 25063

460 000

3 Bedrooms

2 Bathrooms

IV quarter, 2024

90 sq.m.

+ VAT

415 000

3 Bedrooms

90 sq.m.

+ VAT

Price history

€ 515 000

€ 485 000

Features

Outdoor features

Car park

Car park

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