+ 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. 47155

3

Bedrooms

105 sq.m.

Square

Parameters

Property Description

This residential development is positioned in one of the most convenient parts of Limassol, offering easy access to a wide range of everyday amenities located just steps away. The building consists of six thoughtfully designed units, including four 2-bedroom apartments and two 2+1-bedroom apartments, all featuring generous internal areas and large verandas.
The top-floor residence includes a private roof garden, barbecue area and swimming pool, providing an enhanced living experience.

The main features of the project and the units:
• 6 units in total
• 2-bedroom apartments and 2+1-bedroom apartments
• Spacious indoor areas
• Large covered verandas
• Penthouse with roof garden, barbecue area and private pool
• Open-plan kitchen layout
• Double-glazed windows with soundproofing
• Solar hot water system
• Water pressure system
• Covered parking
• Thermal aluminium and glass
• Storage rooms
• Photovoltaic panels for penthouse
• Elevator
• Alarm system
• Playroom

The project has an EPC certificate with “A” energy efficiency rating.

Features

Private pool

Private pool

Storage room

Storage room

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

Similar Property

573 000

3 Bedrooms

105 sq.m.

+ VAT

650 000

3 Bedrooms

105 sq.m.

+ VAT

350 000

3 Bedrooms

105 sq.m.

+ VAT

339 000

3 Bedrooms

105 sq.m.

+ VAT

Features

Features

Private pool

Private pool

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more