€ 1 480 000

€ 12 542 / 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. 42318

Bedrooms

118 sq.m.

Square

Parameters

Property Description

This gated residential apartment building creates a unique atmosphere of enjoyable comfort in impeccable style. The project offers a selection of 11 apartments with a common swimming pool and carefully designed green garden.

Major benefits:

• The development is in 800 meters to the sea and some hotels
• Gym, sauna and covered parking
• High ceilings
• Top standard finishes
• Underfloor heating and central VRV conditioning
• Penthouses with private roof terraces and swimming pools.

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

Features

Private pool

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

Rent Per Month

Apartment (1 bedroom) in City Centre

€ 1 481

Apartment (1 bedroom) Outside of Centre

€ 1 244

Apartment (3 bedrooms) in City Centre

€ 2 378

Apartment (3 bedrooms) Outside of Centre

€ 1 882

Buy Apartment Price

Price per square metre in the city centre

€ 4 952

Price per square metre outside the city centre

€ 3 672

3 Bedrooms

118 sq.m.

+ VAT

3 Bedrooms

118 sq.m.

+ VAT

Verified property

3 Bedrooms

2 Bathrooms

IV quarter, 2026

118 sq.m.

+ VAT

3 Bedrooms

118 sq.m.

+ VAT