+ 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 Apartment in Limassol, Cyprus No. 53998

3

Bedrooms

3

Bathrooms

95 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Penthouse Apartment for Sale – Kapsalos, Limassol
A premium off-plan penthouse apartment is available for sale in Kapsalos, one of the most sought-after residential areas of Limassol. Located on the 3rd floor, this modern residence offers comfort, energy efficiency, and excellent access to key amenities.
• Property Details
Total Area: 95 sq.m.
Floor: 3rd
Bedrooms: 3
Bathrooms: 3
Parking: 1 Covered space
Energy Efficiency: Class A
Status: Off-plan
Delivery Date: June 2027
View: City View
Type: Penthouse
• Key Features & Advantages
Elevator access
Internal elevator
Storage room
Security alarm system
Fire extinguishing system
Air conditioning
High-speed Internet provision
Located in a quiet neighborhood
• Prime Location
The property enjoys a central and convenient location, close to:
Schools & Kindergartens
Church
Public Market
Supermarkets
City Center
Cafés & Restaurants
Kapsalos is known for its easy access to the highway, proximity to business hubs, and balanced residential atmosphere — making it ideal for both families and investors.

Features

City center

City center

City view

City view

Alarm system

Alarm system

Internet

Internet

Elevator

Elevator

School

School

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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3 bedrooms Apartment in Limassol, Cyprus No. 53998

3 bedrooms Apartment in Limassol, Cyprus No. 53998

Features

Location

City center

City center

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

Indoor facilities

Elevator

Elevator

Outdoor features

School

School

Garden

Garden

Supermarket

Supermarket

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