+ 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. 53491

3

Bedrooms

3

Bathrooms

84 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Modern 2+1 Bedroom Penthouse with Panoramic, Sea Views in Katholiki, Limassol
Located on the 4th floor in the sought-after Katholiki area of Limassol, this exceptional penthouse apartment offers 84 sq.m. of contemporary living space, combining comfort, security, and stunning panoramic sea views.
The property features three spacious bedrooms and three modern bathrooms, providing an ideal layout for families, professionals, or investors seeking a premium city residence. Designed for year-round comfort, the apartment is equipped with underfloor heating and air conditioning throughout.
Residents will enjoy an open and bright living environment complemented by breathtaking sea views and easy access to all urban amenities. The apartment is conveniently situated close to public transportation, the city center, the seafront, and a wide selection of cafés and restaurants.
Additional features include:
Penthouse residence on the 4th floor
Panoramic sea views
Covered parking space
Private storage room
Elevator access
Underfloor heating
Air conditioning
CCTV system
Security alarm
Security cameras
This property presents an excellent opportunity to own a stylish penthouse in one of Limassol’s most central and desirable neighborhoods, offering the perfect balance of city living and coastal lifestyle.
Delivery date: Sep 2026

Features

City center

City center

Sea view

Sea view

Panoramic view

Panoramic view

Alarm system

Alarm system

Floor heating in all rooms

Floor heating in all rooms

Elevator

Elevator

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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IV quarter, 2026

84 sq.m.

+ VAT

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3 Bedrooms

85 sq.m.

+ VAT

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3 Bedrooms

83 sq.m.

+ VAT

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3 bedrooms Penthouse in Limassol, Cyprus No. 53491

3 bedrooms Penthouse in Limassol, Cyprus No. 53491

Features

Location

City center

City center

Sea view

Sea view

Panoramic view

Panoramic view

Features

Alarm system

Alarm system

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

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