+ 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 Apartment in Limassol, Cyprus No. 55297

3

Bedrooms

2

Bathrooms

123.93 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Luxury 3-Bedroom Penthouse for Sale in Katholiki, Limassol
An exceptional opportunity to own a modern penthouse in one of the most central and desirable areas of Limassol. Located in Katholiki, this stunning 4th-floor apartment offers spacious interiors, premium features, and beautiful city views — perfectly combining elegance and convenience.
• Property Overview:
• Internal Area: 123.93 sq.m.
• 3 Spacious Bedrooms
• 2 Modern Bathrooms
• 1 Covered Parking Space
• Under Construction – Completion 2027
• Energy Efficiency Rating: A
• City Views
• 4th Floor – Penthouse
Designed with contemporary architecture and high-end finishes, this penthouse offers a bright and airy open-plan living area, large windows for abundant natural light, and a modern layout ideal for families or those seeking extra space and comfort.
• Premium Features & Amenities:
• Air conditioning provisions
• Energy-efficient fireplace
• Elevator access
• Internal elevator
• Private storage room
• Security alarm system
• Internet connectivity
• Landscaped grass areas
• Communal swimming pool
• Located in a quiet residential neighborhood
• Prime Central Location
Enjoy easy access to the sea , schools, kindergarten, church, public market, local shops, cafes, and restaurants , all while being just minutes from Limassol City Center. Everything you need is right at your doorstep.
• Ideal for Living or Investment
With its generous size, penthouse status, energy efficiency, and excellent location, this property presents a rare opportunity in the thriving Limassol real estate market.
• Contact us today for more details and secure this luxury penthouse in the heart of Limassol!

Features

City center

City center

City view

City view

Alarm system

Alarm system

Internet

Internet

New project

New project

Elevator

Elevator

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

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+ VAT

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3 bedrooms Apartment in Limassol, Cyprus No. 55297

3 bedrooms Apartment in Limassol, Cyprus No. 55297

Features

Location

City center

City center

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

New project

New project

Indoor facilities

Elevator

Elevator

Outdoor features

School

School

Garden

Garden

Swimming pool

Swimming pool

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