€ 715 000

€ 5 586 / 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 Agios Athanasios, Limassol, Cyprus No. 48685

Bedrooms

128 sq.m.

Square

Parameters

Property Description

Situated in the Agios Athanasios area of Limassol, this newly built residential project consists of ten contemporary apartments, all positioned to enjoy panoramic views over the Limassol coastline. With completion scheduled within the upcoming month, the development offers a combination of private outdoor spaces, modern features, and energy-efficient design.

The building is arranged over three levels. The ground floor hosts two spacious apartments (one two-bedroom and one three-bedroom), each with access to its own private garden and covered parking. The top floor features two three-bedroom penthouses, complete with private roof gardens and an additional multifunctional room. The remaining six apartments — two one-bedroom, two two-bedroom, and two three-bedroom units — are located on the first and second floors.

Each apartment is designed with functionality and comfort in mind, offering high-quality finishes, advanced climate control provisions, and thoughtful energy solutions including individual photovoltaic systems. Residents also benefit from provisions for electric vehicle charging at each parking space. The building’s compact size contributes to a sense of exclusivity and privacy, while its location ensures easy access to local amenities and the highway.

This project is ideal for those seeking modern coastal living in a well-connected and quiet residential area.

The main features of the project and the units:

• Location: Agios Athanasios, Limassol
• Total of 10 apartments
• 2 ground-floor apartments with private gardens (1 two-bedroom, 1 three-bedroom)
• 2 three-bedroom penthouses with private roof gardens and extra room
• 6 apartments on the 1st and 2nd floors (2 one-bedroom, 2 two-bedroom, 2 three-bedroom)
• Panoramic sea views from all apartments
• Covered parking for each apartment
• Private storage for each unit
• Photovoltaic system for each apartment
• Photovoltaics in common areas
• Provision for electric vehicle charging at each parking space
• Hidden A/C system in living room/kitchen
• A/C provision in bedrooms
• Electric shutters in bedrooms
• Provision for electric shutters on all windows
• Located 5 minutes from highway and close to local amenities
• Title deeds will be provided for all units

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