+ 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 Kato Polemidia, Limassol, Cyprus No. 55071

2

Bedrooms

2

Bathrooms

76 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

This modern three-floor development is located in the rapidly growing area of Kato Polemidia, Limassol, offering a perfect blend of tranquility and accessibility. Just minutes from the highway and close to Limassol’s Mall, it is surrounded by major developments such as the City of Dreams, a new Golf Club, and high-profile residential and commercial projects—making it an excellent opportunity for homeowners and investors.
For those seeking ultimate luxury, the third-floor apartments come with private roof gardens and swimming pools, offering a personal retreat with stunning views. This development presents a unique opportunity to own a stylish, comfortable, and modern home in one of Limassol’s most dynamic neighborhoods.Delivery Dec. 2026

Features

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Solar panel for water heating

Solar panel for water heating

New project

New project

Private parking

Private parking

Similar Property

385 000

2 Bedrooms

76 sq.m.

+ VAT

383 600

2 Bedrooms

76 sq.m.

+ VAT

390 000

2 Bedrooms

76 sq.m.

+ VAT

390 000

2 Bedrooms

76 sq.m.

+ VAT

2 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 55071

2 bedrooms Penthouse in Kato Polemidia, Limassol, Cyprus No. 55071

Features

Location

Close to shopping malls

Close to shopping malls

City center

City center

City view

City view

Features

Solar panel for water heating

Solar panel for water heating

New project

New project

Indoor facilities

Private parking

Private parking

Outdoor features

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