+ 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%

2 bedrooms Penthouse in Limassol, Cyprus No. 55947

2

Bedrooms

2

Bathrooms

75 sq.m.

Square

Parameters

Property Description

New Residential Project for Sale in Agios Spyridonas, Limassol
Introducing a modern development in the well-connected and rapidly growing area of Agios Spyridonas. This boutique project consists of 7 luxury apartments across 3 floors, offering an excellent selection of 1- and 2-bedroom units.
Designed with style and functionality in mind, each apartment features smart layouts, contemporary architecture, and high-quality finishes—perfect for comfortable urban living.
A key advantage of this project is the photovoltaic system included in every apartment, provided by the developer to enhance energy efficiency and support long-term savings.
Ideally positioned close to schools, shops, services, and major road connections, this project offers both convenience and strong investment potential.
Estimated Delivery: December 2026

Features

City center

City center

City view

City view

Off-plan development

Off-plan development

Private parking

Private parking

Garden

Garden

Supermarket

Supermarket

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

361 500

2 Bedrooms

75 sq.m.

+ VAT

365 000

2 Bedrooms

2 Bathrooms

75 sq.m.

+ VAT

365 000

2 Bedrooms

2 Bathrooms

75 sq.m.

+ VAT

365 000

2 Bedrooms

2 Bathrooms

75 sq.m.

+ VAT

2 bedrooms Penthouse in Limassol, Cyprus No. 55947

2 bedrooms Penthouse in Limassol, Cyprus No. 55947

Features

Location

City center

City center

City view

City view

Features

Off-plan development

Off-plan development

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

Supermarket

Supermarket

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