+ 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. 55475

3

Bedrooms

2

Bathrooms

120 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Penthouse Apartment for Sale – 4th Floor | Limassol City – Katholiki
A modern whole floor 3-bedroom apartment located in the popular Katholiki area of Limassol, close to the city center, the sea, and many cafés and restaurants. The property is currently under construction, offering a fresh, contemporary living space with high energy efficiency.
Key Details:
Internal Area: 120 m²
• Bedrooms: 3
• Bathrooms: 2
• Parking: 2 Covered space
• Covered Veranda: 17 m²
Uncovered Veranda: 36 m²
Roof Garden: 57 m²
2 storage rooms next to roof garden
Features & Comfort:
• Concealed A/C units
• Underfloor heating
• Energy Efficiency Rating: A
Extra Advantages:
Elevator
Private storage room
Security door
Solar panels
Smart home system
Electric car charger
BBQ area with hot tub on the roof garden
VRV cooling system
3m ceiling height with gypsum board false ceiling installation
Fully coloured video entry intercom system
Electric remote‑controlled sliding gates at the entrance
Security doors and internal doors with hidden hinges
Italian‑made kitchens and wardrobes
High‑quality European luxury ceramic tiles, sanitary ware, and mixers
• A great option for modern city living or investment, combining comfort, technology, and a prime location in Limassol.
Delivery Date: Q3 2027

Features

City center

City center

Smart Home system

Smart Home system

Solar panel for water heating

Solar panel for water heating

Floor heating in all rooms

Floor heating in all rooms

Elevator

Elevator

Garden

Garden

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

991 000

3 Bedrooms

120 sq.m.

+ VAT

978 000

3 Bedrooms

120 sq.m.

+ VAT

Verified property

3 bedrooms Apartment in Limassol, Cyprus No. 27496

977 000

3 Bedrooms

2 Bathrooms

120 sq.m.

+ VAT

1 030 000

3 Bedrooms

120 sq.m.

+ VAT

3 bedrooms Apartment in Limassol, Cyprus No. 55475

3 bedrooms Apartment in Limassol, Cyprus No. 55475

Features

Location

City center

City center

Features

Smart Home system

Smart Home system

Solar panel for water heating

Solar panel for water heating

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

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