€ 1 120 000

€ 10 000 / 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%

3 bedrooms Penthouse in Limassol, Cyprus No. 55278

Bedrooms

Bathrooms

112 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 3-Bedroom Apartment for Sale in Kapsalos, Limassol
Located in the sought-after area of Limassol – Kapsalos, this exceptional 3-bedroom apartment offers contemporary living within a prestigious private gated complex, combining comfort, elegance, and premium lifestyle amenities.
The apartment features 112 sq.m. of internal living space and 39 sq.m. of covered verandas, 13 sq.m. uncovered verandas and 76 sq.m. roof garden, thoughtfully designed to maximize natural light and functionality. It comprises:
3 spacious bedrooms
2 modern bathrooms
Open-plan living and dining area
1 underground covered parking space
Private storage room
Built to the highest standards with Energy Efficiency Class A, the property includes:
Underfloor heating
Air conditioning
Solar panels
Electric shutters
Elevator access
Residents enjoy exclusive access to premium communal facilities, including:
Fully equipped gym
Sauna
Plunge pool
Co-working area
Two luxury lobby areas
Secure private gated entrance
Delivery Date: September 2027
Ideally situated close to the city center and just minutes from the sea, this under-construction property presents an excellent opportunity for both homeowners and investors seeking a high-quality residence in one of Limassol’s most convenient neighborhoods.