€ 573 000
€ 5 457 / 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. 50182
3
Bedrooms
105 sq.m.
Square
Parameters
Property Description
This exclusive residential development consists of just eight apartments, forming a contemporary architectural composition that combines comfort, functionality and a strong sense of place. Designed for refined urban living, the project offers a carefully curated selection of residences, including one three-bedroom penthouse with a private roof garden, one two-bedroom apartment with a private roof garden, four two-bedroom apartments and two one-bedroom apartments.
Each home features a spacious open-plan living area and integrated storage solutions, complemented by high-quality kitchen and bathroom furniture. The building is distinguished by its elegant entrance, marble finishes in the lobby and façade, modern elevator and advanced security systems, creating a private and well-organised residential environment.
Located in the heart of Limassol, the development provides immediate access to the city’s cultural, business and leisure destinations. The surrounding area maintains a residential character while offering cafés, restaurants and boutique shops within walking distance, and the seafront promenade and the Old Town just a short drive away.
The main features of the project and the units:
• Eight apartments in a boutique residential building
• One three-bedroom penthouse with private roof garden
• One two-bedroom apartment with private roof garden
• Four two-bedroom apartments
• Two one-bedroom apartments
• Covered parking for each apartment
• Ground floor storage room for every unit
• Spacious open-plan living areas
• Integrated wardrobes in bedrooms
• High-quality kitchen and bathroom furniture
• Double-glazed soundproof windows
• Thermal aluminium window systems
• Air conditioning in all rooms
• Solar water heating system
• Water pressure system
• Photovoltaic system for common areas and apartments 301 & 302
• Marble cladding in the lobby and façade
• Shading louvres with Alucobond cladding
• Elegant entrance with atmospheric lighting
• Provisions for electric vehicle charging
• Video intercom with facial recognition
• Automated parking gate
• Fire safety provisions
• CCTV monitoring
• Access control system
• Pre-installed TV, telephone and internet infrastructure
• Lightning protection system
• Modern elevator
• Central location in Limassol
• Walking distance to cafés, restaurants and shops
• Short drive to the seafront promenade and the Old Town
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