+ 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 Limassol, Cyprus No. 53356

3

Bedrooms

2

Bathrooms

106 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Contemporary Luxury Apartment for Sale – Kapsalos, Limassol
Experience elevated living in this exquisitely designed 3-bedroom penthouse, ideally positioned on the 3rd floor of a modern residential development in the prestigious Kapsalos district of Limassol. Currently under construction, this residence offers the rare opportunity to own a future-forward home in one of the city’s most connected and desirable neighborhoods.
• Property Overview:
Interior Space: 106 m²
Bedrooms: 3 generously proportioned rooms
Bathrooms: 2 contemporary-styled
Parking: 1 secure, covered space
Energy Efficiency: Certified Class A
• Premium Features Include:
Double-glazed aluminum windows for optimal insulation and tranquility
Designer tile & laminate flooring for sophisticated, low-maintenance living
Fully integrated air conditioning
Solar panel installation for sustainable energy use
Security door for added peace of mind
Internal staircase and dedicated storage room
Bright and airy interiors with expansive city views
• Location Highlights:
Nestled in a quiet, upscale neighborhood, the property offers seamless access to essential amenities:
Reputable schools and kindergartens
Nearby supermarkets, public markets, and boutique cafes
Proximity to churches, squares, and the Limassol city center
This location effortlessly combines urban convenience with a tranquil residential atmosphere, making it ideal for both families and professionals.
• A Home of Distinction
Crafted for modern lifestyles, this residence reflects a commitment to quality, comfort, and elegant design. The under-construction status allows discerning buyers the exclusive opportunity to tailor finishes to personal taste, making it a truly bespoke home.

Features

City center

City center

City view

City view

Solar panel for water heating

Solar panel for water heating

Private parking

Private parking

School

School

Garden

Garden

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

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106 sq.m.

+ VAT

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106 sq.m.

+ VAT

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3 Bedrooms

3 Bathrooms

106 sq.m.

+ VAT

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3 Bedrooms

106 sq.m.

+ VAT

3 bedrooms Penthouse in Limassol, Cyprus No. 53356

3 bedrooms Penthouse in Limassol, Cyprus No. 53356

Features

Location

City center

City center

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

Indoor facilities

Private parking

Private parking

Outdoor features

School

School

Garden

Garden

Supermarket

Supermarket

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