€ 645 000

€ 5 287 / 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. 47991

Bedrooms

122 sq.m.

Square

Parameters

Property Description

This residential project in Panthea, Limassol, consists of five apartments, including a full-floor penthouse. The apartments feature functional layouts with spacious covered verandas. The penthouse offers three bedrooms, sea views, and a private roof garden accessible from the covered veranda. The property is located between Ayia Fyla and Agios Athanasios, providing views of the Mediterranean Sea and the surrounding area.

The main features of the project and the units:

• Five apartments
• Full-floor 3-bedroom penthouse
• Private roof garden for the penthouse
• Sea and city views
• Spacious covered verandas
• Provisions for electric car chargers
• Solar panels for all apartments
• Structured cabling CAT6 in all rooms
• Smart home features for lighting, air conditioning, and water heating
• Remote-controlled gated entrance with video access

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

Features

Storage room

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

3 Bedrooms

122 sq.m.

+ VAT

Verified property

3 Bedrooms

2 Bathrooms

IV quarter, 2019

122 sq.m.

Verified property

3 Bedrooms

2 Bathrooms

IV quarter, 2027

122 sq.m.

+ VAT

3 Bedrooms

123 sq.m.

+ VAT