+ 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 Germasogeia, Limassol, Cyprus No. 54124

2

Bedrooms

2

Bathrooms

89 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Luxury Contemporary Living – Exclusive 4-Floor Development in Prime Limassol Location.
Discover an exceptional new residential development in one of Limassol’s most sought-after areas. This contemporary 4-floor building offers just eight exclusive 2-bedroom apartments, each thoughtfully designed for modern comfort and luxury.
Key Features:
• Spacious 2-Bedroom Apartments – All bedrooms are en-suite for ultimate privacy and convenience.
• Private Outdoor Spaces – Each apartment includes a dedicated BBQ area, perfect for entertaining.
• Luxury Penthouses – Featuring private swimming pools with panoramic views.
• High-End Amenities – Underfloor heating, photovoltaic panels, and provisions for electrical shutters ensure energy efficiency and comfort.
• Prime Location – Just 800m from the sea, within walking distance to shops, restaurants, and essential services.
• Seamless Connectivity – Easy access to the highway, making commuting effortless.
With high demand in this premium Limassol neighborhood, this development offers an outstanding investment opportunity and an exceptional lifestyle choice.

Features

First sea line

First sea line

Sea view

Sea view

City view

City view

Electric shutters

Electric shutters

Solar panel for water heating

Solar panel for water heating

Floor heating in all rooms

Floor heating in all rooms

Similar Property

730 000

2 Bedrooms

3 Bathrooms

89 sq.m.

+ VAT

730 000

2 Bedrooms

3 Bathrooms

89 sq.m.

+ VAT

Verified property

2 bedrooms Penthouse in Mesa Geitonia, Limassol, Cyprus No. 57526

725 000

2 Bedrooms

2 Bathrooms

IV quarter, 2027

89 sq.m.

+ VAT

750 000

2 Bedrooms

89 sq.m.

+ VAT

2 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 54124

2 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 54124

Features

Location

First sea line

First sea line

Sea view

Sea view

City view

City view

Features

Electric shutters

Electric shutters

Solar panel for water heating

Solar panel for water heating

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Private parking

Private parking

Outdoor features

School

School

Garden

Garden

Swimming pool

Swimming pool

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