+ 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. 55520

3

Bedrooms

2

Bathrooms

105 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

• Luxury 3-Bedroom Penthouse with Private Roof Garden for Sale – Kapsalos, Limassol
Discover this modern penthouse apartment located in the heart of Limassol, in the highly desirable Kapsalos area. This beautiful property is part of a high-quality new development currently under construction, built with excellent materials and modern design.
• Property Details
• Penthouse apartment
• 105 m² internal covered area
• Private Roof Garden – 40 m² perfect for relaxing, entertaining, or enjoying the city views
• 3 spacious bedrooms
• 2 main bathroom + guest WC
• Modern open-plan kitchen
• Bright and comfortable living room
• Storage room
• 1 open parking space
• Internal elevator in the building
• Property Features
• Energy Efficiency A
• Air conditioning provisions
• Double-glazed windows with sound insulation
• High-quality tile flooring
• Bright and airy layout with plenty of natural light
• Modern architecture and high construction standards
• Quiet and friendly residential neighborhood
• The private roof garden offers extra outdoor living space, ideal for creating a lounge area, BBQ space, or relaxing with family and friends while enjoying the beautiful city views of Limassol.
• Excellent Location
The apartment is conveniently located close to everything you need:
• Schools and kindergartens
• Parks and public squares
• Supermarkets and local markets
• Cafes and restaurants
• Public transportation
• Easy access to the Limassol city center
• Great opportunity for both homeowners and investors, as the Kapsalos area has strong rental demand and continues to grow in value.
• Contact now for price, floor plans, and more information or to arrange a viewing.

Features

City center

City center

City view

City view

Internet

Internet

New development project

New development project

New project

New project

School

School

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. 55520

3 bedrooms Apartment in Limassol, Cyprus No. 55520

Features

Location

City center

City center

City view

City view

Features

Internet

Internet

New development project

New development project

New project

New project

Outdoor features

School

School

Garden

Garden

Park

Park

Supermarket

Supermarket

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