+ 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 Geroskípou, Paphos, Cyprus No. 57244

3

Bedrooms

2

Bathrooms

235 sq.m.

Square

I quarter, 2028

Completion date

Parameters

Property Description

LUXURY 3-BEDROOM PENTHOUSE WITH PRIVATE ROOF GARDEN | GEROSKIPOU, PAPHOS

ELEVATED MEDITERRANEAN LIVING

Discover an exceptional penthouse designed for those who appreciate space, privacy and contemporary luxury. Located within an exclusive gated development in the sought-after area of Geroskipou, this elegant residence combines sophisticated architecture with outstanding lifestyle facilities, creating one of the most desirable new addresses in Paphos.

With a spectacular 111 m² private rooftop terrace, spacious interiors and access to a full wellness centre, this penthouse offers the perfect balance between modern comfort and resort-style living.

Scheduled for completion in Q1 2028, it presents an outstanding opportunity for both homeowners and investors seeking long-term value in Cyprus.


THE PENTHOUSE

Designed with open-plan living in mind, the apartment offers bright, airy interiors that flow naturally onto generous outdoor spaces.

Property Features:

  • 3 spacious bedrooms
  • 2 modern bathrooms
  • Open-plan kitchen, dining and living area
  • Internal covered area: 109 m²
  • Covered veranda: 11.5 m²
  • Private roof garden: 111 m²
  • Storage room: 2 m²
  • Total covered and outdoor area: 235 m²
  • Covered private parking

The expansive rooftop terrace creates an additional outdoor living space ideal for entertaining, relaxing, outdoor dining or enjoying panoramic sunsets over Paphos.


LUXURY DEVELOPMENT

The project consists of six contemporary residential buildings set within beautifully landscaped grounds.

Residents benefit from an exceptional range of premium amenities designed to promote wellness, relaxation and community living.

Facilities include:

  • Large communal swimming pool
  • Fully equipped gym
  • Sauna
  • Wellness centre
  • Café
  • Landscaped communal areas
  • Secure gated entrance
  • Intercom system
  • Covered parking
  • Lift access throughout the development

PREMIUM SPECIFICATIONS

Built with modern technology and high-quality materials, the apartment includes:

  • Air conditioning units in all rooms
  • Double-glazed energy-efficient windows
  • Electric shutters in all bedrooms
  • Contemporary fitted kitchen
  • Built-in wardrobes
  • Storage room
  • Covered parking
  • Provision for electric vehicle charging station
  • Intercom system
  • Secure gated vehicle entrance

Optional upgrades:

  • Photovoltaic system
  • Underfloor heating
  • Full furniture package

PRIME LOCATION

Situated in the desirable area of Geroskipou, the development offers the perfect combination of tranquillity and convenience.

  • Minutes from sandy beaches
  • Close to supermarkets, restaurants and cafés
  • Easy access to Paphos city centre
  • Near schools and everyday amenities
  • Excellent connection to the motorway and Paphos International Airport

INVESTMENT OPPORTUNITY

Combining generous living space, a private rooftop garden, premium wellness facilities and modern construction standards, this penthouse represents an excellent opportunity for both lifestyle buyers and investors.

Its contemporary design, resort-style amenities and future growth potential make it a highly attractive property in one of Paphos’ fastest-growing residential areas.


PRICE

465 000 + VAT

Delivery: Q1 2028

Features

Near public transportation

Near public transportation

Close to the city centre

Close to the city centre

Close to schools

Close to schools

Mountain view

Mountain view

Sea view

Sea view

Pool view

Pool view

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3 bedrooms Penthouse in Geroskípou, Paphos, Cyprus No. 57244

3 bedrooms Penthouse in Geroskípou, Paphos, Cyprus No. 57244

Features

Location

Near public transportation

Near public transportation

Close to the city centre

Close to the city centre

Close to schools

Close to schools

Mountain view

Mountain view

Sea view

Sea view

Pool view

Pool view

City view

City view

Panoramic view

Panoramic view

Features

Video intercom

Video intercom

Intercom

Intercom

Smart Home system (on demand)

Smart Home system (on demand)

Alluminium windows with double glass

Double glazed windows and balcony doors

Double glazed windows and balcony doors

PVC double glazed windows

PVC double glazed windows

Thermal and sound insulation of walls

Thermal and sound insulation of walls

Plasterboard ceiling

Plasterboard ceiling

Ceiling from 2.5 m

Ceiling from 2.5 m

Ceiling spotlights

Ceiling spotlights

Separate and walk-through rooms

Separate and walk-through rooms

Heated towel rail

Heated towel rail

Shower cabin in bathrooms

Shower cabin in bathrooms

Bathroom furniture

Bathroom furniture

Several bathrooms

Several bathrooms

Balcony

Balcony

Terrace on the roof with barbecue area and sun loungers

Terrace on the roof with barbecue area and sun loungers

Water meter

Water meter

Electricity meter

Electricity meter

Solar panel for water heating

Solar panel for water heating

Air Conditioners

Air Conditioners

Electric water heater

Electric water heater

Pressure and water tanks

Barbecue area on the terrace

Barbecue area on the terrace

Fitted kitchen units with granite top

Fitted kitchen units with granite top

Built-in closet

Built-in closet

Parquet

Parquet

Ceramic flooring

Ceramic flooring

Laminate Flooring

Laminate Flooring

High quality decorative tile flooring

High quality decorative tile flooring

Ceramic flooring in kitchen and bathroom

Ceramic flooring in kitchen and bathroom

Floor heating in all rooms

Floor heating in all rooms

Ready to move in

Ready to move in

American kitchen

American kitchen

Residence permit when buying a property

Residence permit when buying a property

Luxury real estate

Luxury real estate

New project

New project

Indoor facilities

Access for disabled people

Access for disabled people

Ramped access

Ramped access

Equipment for disabled people

Equipment for disabled people

Lobby bar

Lobby bar

Cafe

Cafe

Wi-fi in common areas

Wi-fi in common areas

Mailboxes for each apartment

Mailboxes for each apartment

Lavatories

Lavatories

Storage room

Storage room

Sauna

Sauna

SPA center

SPA center

Massage rooms

Massage rooms

Fitness room

Fitness room

Pilates and yoga room

Pilates and yoga room

Private Gym

Private Gym

Elevator in every block

Covered parking

Covered parking

Outdoor features

Barbecue area

Barbecue area

CCTV

CCTV

Fenced area

Fenced area

Guest parking

Guest parking

Concierge

Concierge

Pergola

Pergola

Swimming pool

Swimming pool

Common area with pool

Common area with pool

Shop

Shop

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