+ 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 Kato Polemidia, Limassol, Cyprus No. 55623

3

Bedrooms

2

Bathrooms

101 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Spacious 3-bedroom penthouse (101 sq.m.) with Energy Efficiency A, covered parking, and delivery in September 2027.
An exceptional off-plan penthouse apartment located on the 5th floor of a modern residential building in Kato Polemidia. Offering 101 sq.m. of internal space, this property combines comfort, functionality, and elevated city views — ideal for families or investment.
Property Details
Internal Area: 101 sq.m.
Floor: 5th (Penthouse)
Bedrooms: 3
Bathrooms: 2
Parking: 1 Covered Parking Space
Energy Efficiency: A
Status: Off-plan
Delivery Date: September 2027
Key Features & Advantages
Air Conditioning
Elevator
Internal Elevator
Storage Room
Security Alarm System
Fire Extinguishing System
Internet Provision
Quiet Residential Neighborhood
Beautiful City Views
Prime Location
Conveniently situated close to:
Public Market
Supermarkets
City Center
Cafés & Restaurants
This penthouse offers a rare opportunity to own a modern, energy-efficient home in a growing residential area of Limassol, combining privacy, accessibility, and contemporary living.

Features

City center

City center

City view

City view

Alarm system

Alarm system

Internet

Internet

Off-plan development

Off-plan development

Elevator

Elevator

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+ VAT

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3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 55623

3 bedrooms Apartment in Kato Polemidia, Limassol, Cyprus No. 55623

Features

Location

City center

City center

City view

City view

Features

Alarm system

Alarm system

Internet

Internet

Off-plan development

Off-plan development

Indoor facilities

Elevator

Elevator

Outdoor features

Supermarket

Supermarket

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