+ 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%

2 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 53924

2

Bedrooms

2

Bathrooms

75 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Luxury 2 Bedroom Penthouse Apartment With Private Roof Garden Under Construction
Discover an exceptional opportunity to own a stunning new luxury penthouse apartment set in a serene residential neighbourhood just minutes from the vibrant city centre and only a 10-minute drive from the beach. Perfectly positioned, this property provides easy access to all local amenities while offering a quiet, upscale living environment.
Crafted with high-quality materials and premium finishes, the apartment features a sleek contemporary aesthetic designed for modern lifestyles. Its bright and airy interior is enhanced by generous natural light, spacious open-plan living areas, and a large covered veranda ideal for relaxing or entertaining. The highlight of this remarkable home is the private roof garden, offering an exclusive outdoor oasis with panoramic views.
This residence is an ideal choice for families, professionals, or anyone seeking an elegant blend of comfort, style, and convenience.
Don’t miss the chance to secure this exceptional property—contact us today to learn more or schedule a viewing!
• Key Features:
Brand-new luxury apartment (under construction)
Quiet residential neighbourhood
Minutes from the city centre
10-minute drive to the beach
High-quality construction & premium finishes
Contemporary, stylish design
Bright, open living spaces
Large covered veranda
Private Roof Garden
Close to shops, services, and everyday conveniences

Features

Close to shopping malls

Close to shopping malls

City center

City center

School

School

Garden

Garden

Supermarket

Supermarket

Similar Property

345 000

2 Bedrooms

2 Bathrooms

75 sq.m.

+ VAT

335 000

2 Bedrooms

75 sq.m.

+ VAT

Verified property

2 bedrooms Penthouse in Limassol, Cyprus No. 55947

360 000

2 Bedrooms

2 Bathrooms

75 sq.m.

+ VAT

361 500

2 Bedrooms

75 sq.m.

+ VAT

2 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 53924

2 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 53924

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

Outdoor features

School

School

Garden

Garden

Supermarket

Supermarket

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