€ 509 250
€ 5 361 / sqm
+ VAT
+ 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.
2 bedrooms Penthouse in Limassol, Cyprus No. 46709
2
Bedrooms
3
Bathrooms
95 sq.m.
Square
Parameters
Property Description
This low-volume residential development offers a limited collection of six modern apartments designed for comfortable and quiet urban living. The building is positioned on an elevated plot, allowing unobstructed south-facing views over the city of Limassol with the Mediterranean Sea visible on the horizon. The project is created to provide a sense of privacy and exclusivity within a well-established residential environment.
Each apartment features a spacious floor plan designed to maximise natural light throughout the interiors. All residences include large private verandas, offering open views and extended outdoor living space. Covered parking spaces and individual storage rooms are provided at ground level, adding practicality to everyday living. The building is arranged over three floors and is designed with attention to functionality, accessibility, and contemporary residential needs.
The location benefits from existing residential infrastructure and is surrounded mainly by low-rise housing. Everyday amenities such as schools, supermarkets, and pharmacies are located within a short distance, while convenient access to the main highway ensures easy connections to Nicosia, Paphos, and Larnaca. The project is suitable for permanent residence as well as a solid investment option in a popular area of Limassol.
The main features of the project and the units:
• Limited collection of six apartments
• Three-storey apartment building
• Two-bedroom apartments
• Two- or three-bathroom layouts
• South-facing orientation
• Panoramic city and sea views
• Spacious private covered verandas
• Covered parking spaces for one or two cars
• Private storage rooms at ground level
• Lift access
• Wheelchair accessibility
• Gated entrance for residents and parking
• Common garden area
• Provision for common area CCTV
• Common photovoltaic system
The project has an EPC certificate with “A” energy efficiency rating.
Features
Storage room
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