+ 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%

4 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 48181

4

Bedrooms

4

Bathrooms

157 sq.m.

Square

Parameters

Property Description

This newly completed two-level penthouse is located in the residential area of Agios Athanasios, one of Limassol’s most established suburbs. The property combines functionality with thoughtful design, offering panoramic views of the sea and city from its private rooftop terrace.

The main level includes a spacious open-plan living area featuring a fully functional modern fireplace and direct access to a large terrace. The kitchen is equipped with built-in furniture and high-spec finishes. A custom-designed staircase leads to the upper-level suite, which opens to the rooftop garden and barbecue area—ideal for outdoor relaxation and entertaining.

The residence includes four bedrooms and four bathrooms, with underfloor heating and concealed air conditioning systems providing year-round comfort. High ceilings and quality materials such as semi-solid parquet flooring and porcelain tilework further enhance the interior environment.

The penthouse is part of a small residential complex comprising only six units. Its location offers convenient access to key areas of Limassol, including international schools, shopping districts, and the city center, all within a 10-minute drive.

The main features of the project and the units:

• Two-level penthouse
• 4 bedrooms
• 4 bathrooms
• Modern fireplace in the living room
• Private rooftop garden with BBQ area
• Sea and city views
• High ceilings (over 3.2 meters)
• Underfloor water heating system
• Central concealed air conditioning
• Semi-solid parquet flooring
• Porcelain tiles in bathrooms
• Built-in kitchen and sanitary ware
• Located in Agios Athanasios
• Small complex with 6 apartments
• 5 minutes to Foley’s School
• 10 minutes to the city center and Limassol’s tourist area

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

Features

Storage room

Storage room

Car park

Car park

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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