+ 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 Penthouse in Limassol, Cyprus No. 56046

3

Bedrooms

2

Bathrooms

120 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Set in a quiet and sought-after neighbourhood of Agia Fyla, this exceptional penthouse apartment offers breathtaking panoramic views and a rare sense of privacy. Ideally located just a short distance from the Agia Fyla roundabout, the property enjoys excellent connectivity to Limassol city centre while remaining tucked away in a peaceful residential area.
The penthouse boasts a generous 120 sqm of internal living space, designed for comfort, space, and natural light throughout. A standout feature is the impressive 145 sqm of external areas, offering expansive covered and uncovered verandas—perfect for outdoor dining, entertaining, or simply taking in the uninterrupted views of the city and surroundings.
An ideal choice for those seeking a premium residence or a high-quality investment, this penthouse combines space, privacy, and spectacular views in one of Limassol’s most desirable hillside locations.

Features

City view

City view

Panoramic view

Panoramic view

Beautiful view

Beautiful view

Alarm system

Alarm system

New development project

New development project

Private parking

Private parking

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

725 000

3 Bedrooms

120 sq.m.

+ VAT

Verified property

3 bedrooms Penthouse in Limassol, Cyprus No. 55953

725 000

3 Bedrooms

2 Bathrooms

IV quarter, 2025

120 sq.m.

+ VAT

724 500

3 Bedrooms

120 sq.m.

+ VAT

720 000

3 Bedrooms

120 sq.m.

+ VAT

3 bedrooms Penthouse in Limassol, Cyprus No. 56046

3 bedrooms Penthouse in Limassol, Cyprus No. 56046

Features

Location

City view

City view

Panoramic view

Panoramic view

Beautiful view

Beautiful view

Features

Alarm system

Alarm system

New development project

New development project

Indoor facilities

Private parking

Private parking

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