+ 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 Limassol, Cyprus No. 54246

3

Bedrooms

2

Bathrooms

100 sq.m.

Square

Parameters

Property Description

• Modern Apartments in Limassol City Center
Experience the best of urban living in the heart of Limassol. These stylish apartments are designed for comfort, convenience, and modern living, placing you just steps away from the city’s vibrant lifestyle.
• Key Features
Prime city center location
Walking distance to University of Limassol
5 minutes to Limassol Marina & Old Town
Steps from shopping streets, cafés, and business hubs
Contemporary design with premium interiors

Features

City center

City center

Off-plan development

Off-plan development

Private parking

Private parking

Garden

Garden

Supermarket

Supermarket

Statistics

€ 4 952

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

€ 1 481

Apartment (1 bedroom) Outside of Centre

€ 1 244

Apartment (3 bedrooms) in City Centre

€ 2 378

Apartment (3 bedrooms) Outside of Centre

€ 1 882

Buy Apartment Price

Price per square metre in the city centre

€ 4 952

Price per square metre outside the city centre

€ 3 672

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3 bedrooms Penthouse in Limassol, Cyprus No. 54246

3 bedrooms Penthouse in Limassol, Cyprus No. 54246

Features

Location

City center

City center

Features

Off-plan development

Off-plan development

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

Supermarket

Supermarket

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