€ 695 000
€ 5 792 / 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.
3 bedrooms Penthouse in Limassol, Cyprus No. 46749
3
Bedrooms
120 sq.m.
Square
Parameters
Property Description
This modern residential development is located in the Agios Nektarios area of Limassol and consists of a small collection of just eight apartments arranged across three floors. The project offers a selection of two- and three-bedroom apartments designed with a focus on comfort, functionality, and contemporary living. Spacious layouts feature open-plan living rooms and kitchens, complemented by covered verandas that extend the living space.
The apartments are finished with high-quality materials and modern fittings, reflecting current design trends and attention to detail. Each unit includes parking and a private storage room, adding practicality to everyday living. The location provides convenient access to services, business areas, and leisure options, making it suitable for both residential living and long-term value. The sea is approximately 2–3 km away, ensuring easy access to the coastline while remaining in a well-connected urban area.
The main features of the project and the units:
• Two- and three-bedroom apartments
• Three-storey residential building
• Limited collection of eight apartments
• Internal areas from 97 m² to 239 m²
• Open-plan living room and kitchen
• Covered verandas
• High-quality finishes and fittings
• Parking space
• Private storage room
• Distance to the sea 2–3 km
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
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