+ 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%

2 bedrooms Penthouse in Limassol, Cyprus No. 44977

2

Bedrooms

86 sq.m.

Square

Parameters

Property Description

The project is a residential complex in Germasogeia, Limassol.
The project includes 16 apartments of a premium class in a thriving location, a central spot in the heart of Limassol’s tourist area, bustling with vibrant life, shopping, and an endless array of upscale restaurants in Limassol.
A unique combination of pleasure living close to the best beaches and entertainment with an active business environment.
Penthouses with their own spa and spacious terraces will allow you to spend unforgettable evenings with close friends as well as to find business partners within this closed community.

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

Features

Common area with pool

Common area with pool

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

Similar Property

759 000

2 Bedrooms

2 Bathrooms

86 sq.m.

+ VAT

590 000

2 Bedrooms

86 sq.m.

+ VAT

Verified property

2 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 54248

570 000

2 Bedrooms

2 Bathrooms

IV quarter, 2026

86 sq.m.

+ VAT

494 700

2 Bedrooms

86 sq.m.

+ VAT

Features

Outdoor features

Common area with pool

Common area with pool

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