+ 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. 55044

3

Bedrooms

2

Bathrooms

106.9 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Penthouse 3-Bedroom Apartment for Sale – Kapsalos, Limassol
An exceptional off-plan penthouse apartment located in the desirable Kapsalos area of Limassol, offering generous space, privacy, and modern living just minutes from the city center.
Situated on the 4th floor, this elegant penthouse boasts a total covered area of 106.90 sq.m. and comprises 3 spacious bedrooms and 2 modern bathrooms, making it ideal for families or buyers seeking a high-end city residence. The bright open-plan living and kitchen area enjoys beautiful city views and a sense of openness throughout.
Designed with comfort and efficiency in mind, the apartment features underfloor heating, Energy Efficiency Certificate A, and high-quality finishes . The property also includes two covered parking spaces and a private storage room, adding convenience and value.
Residents benefit from excellent shared amenities, including a swimming pool , BBQ area , elevator, CCTV and security cameras , and internet infrastructure. The building is set in a quiet neighborhood, while remaining close to cafés, restaurants, local markets, and essential city services .
• Estimated Completion: Q3 2027 (July–September 2027)
• A rare penthouse opportunity combining space, location, and modern luxury in one of Limassol’s most convenient areas.

Features

City center

City center

City view

City view

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Elevator

Elevator

Private parking

Private parking

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

Similar Property

580 000

3 Bedrooms

107 sq.m.

+ VAT

565 000

3 Bedrooms

107 sq.m.

+ VAT

545 000

3 Bedrooms

107 sq.m.

510 000

3 Bedrooms

107 sq.m.

+ VAT

3 bedrooms Penthouse in Limassol, Cyprus No. 55044

3 bedrooms Penthouse in Limassol, Cyprus No. 55044

Features

Location

City center

City center

City view

City view

Features

Internet

Internet

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

Barbecue area

Barbecue area

Garden

Garden

Swimming pool

Swimming pool

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