€ 1 200 000

€ 8 000 / sqm

+ 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%

4 bedrooms Apartment in Agios Ioannis, Limassol, Cyprus No. 56209

Bedrooms

Bathrooms

150 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

A modern 4-bedroom penthouse designed to offer a beautiful blend of comfort and modern aesthetics situated in a quiet neighborhood just a short distance away from Limassol Marina, to the ”City of Dreams” Casino, near ‘MyMall’, and in close proximity to all amenities such as banks, supermarkets, pharmacies, parks and schools, restaurants and bars, post office, gas stations as well as shops.
All the materials, tiles, and sanitary ware are of the highest quality. It is ideal to satisfy even the most demanding clients who are seeking a special residence and therefore a better quality of life.
Delivery Date: December 2025