2 bedrooms Penthouse in Limassol, Cyprus No. 57398

Bedrooms

Bathrooms

88 sq.m.

Square

€ 814 000

€ 9 250 / 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%

Parameters

Property Description

This new residential development is located in the sought-after tourist area of Germasogeia in Limassol, just 800 metres from the Mediterranean Sea. The complex comprises 14 one- and two-bedroom apartments with comfortable, functional and spacious layouts, planned in detail for everyday convenience.

A standout feature of the homes is the underfloor heating installed throughout the apartments, complemented by a private photovoltaic solar system for greater energy efficiency. Each apartment is finished to a high standard with quality tiles and sanitary ware, high-quality kitchens and finishing materials, floor-to-ceiling built-in wardrobes, high ceilings and carefully considered lighting.

Residents enjoy a large outdoor swimming pool with a barbecue area and a gym, while every apartment comes with its own parking space and storage room. The top-floor penthouses additionally benefit from private roof gardens.

The main features of the project and the units:

• Underfloor heating throughout the apartments
• Large outdoor swimming pool with a barbecue area
• Gym
• Private photovoltaic (solar) system
• Private parking space for every apartment
• Storage room for every apartment
• Floor-to-ceiling built-in wardrobes and high ceilings
• Private roof gardens on the top-floor penthouses
• 800 metres from the sea

The project has an EPC certificate with "A" energy efficiency rating.

Features

Storage room

Car park

Common area with pool

Statistics

Price per sq.m.

Quality of Life Index

Cost of Living Index

Choose a city for comparison

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

2 Bedrooms

2 Bathrooms

88 sq.m.

+ VAT

Verified property

2 Bedrooms

2 Bathrooms

IV quarter, 2026

88 sq.m.

+ VAT

Verified property

2 Bedrooms

1 Bathrooms

88 sq.m.

+ VAT

2 Bedrooms

88 sq.m.

+ VAT