+ 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 Limassol, Cyprus No. 48555

4

Bedrooms

102 sq.m.

Square

Parameters

Property Description

Located in the quiet and elevated neighborhood of Laiki Lefkothea, this residential project comprises a total of eight thoughtfully designed apartments. The development combines a practical layout with modern architecture, offering comfortable living in a well-connected area of Limassol.

Each unit features spacious interiors and functional design elements to support everyday life. Large windows and open-plan areas enhance natural light, while private balconies offer open views of the surrounding landscape. The project is built using quality materials and finishes to ensure long-term durability and ease of maintenance.

The location provides a peaceful setting, yet remains close to major urban amenities such as schools, shopping areas, and recreational facilities. With convenient access to the city center and coastal roads, residents can enjoy both quiet residential living and urban connectivity.

This project is well-suited for individuals, couples, or families looking for a balanced lifestyle in one of Limassol’s established residential areas.

The main features of the project and the units:

• Located in Laiki Lefkothea, Limassol
• Residential building with 8 apartments
• Modern architectural design
• Spacious interiors with natural light
• Private balconies
• Quality materials and finishes
• Quiet neighborhood with city access
• Suitable for residential or investment use

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

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

Verified property

4 bedrooms Penthouse in Larnaca, Larnaka, Cyprus No. 55450

465 000

4 Bedrooms

3 Bathrooms

98 sq.m.

530 000

4 Bedrooms

108 sq.m.

+ VAT

Verified property

4 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 54104

1 190 000

4 Bedrooms

2 Bathrooms

IV quarter, 2026

112.3 sq.m.

+ VAT

370 000

4 Bedrooms

88 sq.m.

+ VAT

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