€ 568 000

€ 5 462 / 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. 47245

Bedrooms

Bathrooms

104 sq.m.

Square

Parameters

Property Description

A modern, sustainable apartment complex offering comfortable and affordable living for urban residents. Set within a three-storey building of 12 residential units, it features a rooftop garden, spacious storage areas and covered parking. Homes are designed for eco-friendly living, with electric underfloor heating for year-round comfort, the use of alternative energy sources and solar panels, and green spaces that enhance everyday life. Residents enjoy sea views and round-the-clock security. The location is convenient yet peaceful — a short distance from the Limassol highway, with easy access to the city, beaches, the mountains, shopping centres, transport hubs and major workplaces.

The main features of the project and the units:

• Electric underfloor heating
• Sea view
• Rooftop garden
• Spacious storage areas
• Covered parking
• 24-hour security
• Use of alternative energy sources and solar panels
• Three-storey building, 12 apartments (2 & 3 bedrooms)

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

Features

Car park

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

€ 1 454

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

Verified property

3 Bedrooms

3 Bathrooms

IV quarter, 2027

104 sq.m.

+ VAT

3 Bedrooms

104 sq.m.

+ VAT

3 Bedrooms

104 sq.m.

+ VAT

3 Bedrooms

104 sq.m.

+ VAT