+ 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 Agios Nektarios, Limassol, Cyprus No. 53891

3

Bedrooms

2

Bathrooms

103 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Modern Whole-Floor Penthouse | Agios Nektarios, Limassol
An elegant whole-floor penthouse set within a boutique development of just three residences, perfectly positioned in the sought-after area of Agios Nektarios, Limassol. Occupying the 3rd floor, this contemporary home offers refined urban living with privacy, comfort, and sweeping city views.
The apartment features 103 sq.m. of thoughtfully designed internal space, complemented by a spacious 30 sq.m. veranda and an impressive 72 sq.m. private roof garden—ideal for entertaining, complete with a dedicated barbecue area and panoramic city vistas.
Currently under construction, the property is designed to the highest modern standards, boasting A+ energy efficiency, photovoltaic panels, autonomous electric heating, air conditioning, solar water system, electric shutters, fiber-optic internet, a security entrance door, and provision for an electric car charger. The penthouse also includes covered parking and a private storage room.
Ideally located within walking distance of the seaside, city center, schools, shops, and cafés, this residence offers a perfect balance of luxury, convenience, and contemporary lifestyle.
Price: €790,000
Century 21 Cyprus

Features

City center

City center

First sea line

First sea line

City view

City view

Electric shutters

Electric shutters

Internet

Internet

Solar panel for water heating

Solar panel for water heating

Similar Property

790 000

3 Bedrooms

103 sq.m.

+ VAT

810 000

3 Bedrooms

103 sq.m.

+ VAT

Verified property

3 bedrooms Penthouse in Limassol, Cyprus No. 33734

700 000

3 Bedrooms

2 Bathrooms

IV quarter, 2012

103 sq.m.

590 000

3 Bedrooms

103 sq.m.

+ VAT

3 bedrooms Penthouse in Agios Nektarios, Limassol, Cyprus No. 53891

3 bedrooms Penthouse in Agios Nektarios, Limassol, Cyprus No. 53891

Features

Location

City center

City center

First sea line

First sea line

City view

City view

Features

Electric shutters

Electric shutters

Internet

Internet

Solar panel for water heating

Solar panel for water heating

Indoor facilities

Private parking

Private parking

Outdoor features

School

School

Park

Park

Supermarket

Supermarket

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more