6 bedrooms Penthouse in Limassol, Cyprus No. 52481

Bedrooms

225 sq.m.

Square

€ 2 000 000

€ 8 889 / 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%

Parameters

Property Description

This exclusive four-storey residential development offers a limited collection of 1- to 3-bedroom apartments, each crafted with attention to detail and designed to combine comfort with contemporary elegance. The interiors feature spacious open-plan layouts, modern kitchens, and generous terraces that create a smooth transition between indoor and outdoor living.

Situated in the vibrant Katholiki area of Limassol, the location provides a balance of urban energy and peaceful residential living. Within just a 10-minute walk, residents can reach the city center with its cafés, boutique shops, and cultural attractions, while still enjoying the tranquillity of a private urban retreat. The thoughtfully designed residences offer privacy and exclusivity, making them ideal for individuals and small families seeking a modern lifestyle in a central neighbourhood.

The main features of the project and the units:
• 1- to 3-bedroom apartments
• Spacious layouts
• Open-plan living areas
• High ceilings (+3 m)
• Large terraces
• Thermal aluminium lift-and-slide doors
• Central VRV air-condition system
• Photovoltaics with net metering
• Face-recognition entry video phone
• Automated parking gate
• WiFi-controlled water heater
• EV charge provision for each apartment
• Interior design consultation

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

Features

Storage room

Car park

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

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467 sq.m.

+ VAT

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