€ 435 000

€ 5 305 / sqm

+ 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 Agios Ioannis, Limassol, Cyprus No. 54170

Bedrooms

Bathrooms

82 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Exquisite New Residential Project in Agios Ioannis, Limassol – Near Marina & Beach
Discover an elegant residential building in the vibrant Agios Ioannis area, right in the heart of Limassol. Ideally positioned just 700 meters from the beach and less than 1 km from Limassol Marina, the project offers exceptional access to the city’s most desirable lifestyle destinations.
Set among major new developments and modern high-rise projects, this rapidly evolving area is becoming a key location for contemporary urban living and investment growth.
• Prime central location
• Walking distance to the sea and Marina
• High-demand area with strong capital appreciation
• Ideal for residence or investment
Estimated delivery: Q3 2027