€ 470 000
€ 4 434 / sqm
+ VAT
+ 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.
3 bedrooms Penthouse in Limassol, Cyprus No. 49124
3
Bedrooms
3
Bathrooms
106 sq.m.
Square
Parameters
Property Description
The project consists of two blocks, offering a total of 17 apartments designed to balance functionality and comfort. Block A features eight units: two 1-bedroom apartments and one 2-bedroom apartment on each of the first two floors, with the third floor comprising one 2-bedroom and one 3-bedroom apartment, both with roof gardens. Block B offers nine units: two 1-bedroom apartments and one 2-bedroom apartment per floor, with the third-floor units including roof gardens.
The development incorporates bioclimatic architectural principles, achieving Class A Energy Performance and ensuring durability and sustainability. Centrally located in a quiet neighborhood near the City of Dreams Mediterranean Resort & Casino, it provides easy access to major roads, amenities within 200 meters, and urban conveniences.
The main features of the project and the units:
• Two blocks with 17 apartments in total
• Block A: 8 apartments (1-bedroom, 2-bedroom, and 3-bedroom units with roof gardens)
• Block B: 9 apartments (1-bedroom and 2-bedroom units with roof gardens)
• Bioclimatic architectural design
• Located near the City of Dreams Mediterranean Resort & Casino
• 200 meters from essential amenities
• Easy access to major roads and the motorway
The project has an EPC certificate with “A” energy efficiency rating.
Features
Storage room
Car park
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