€ 505 000

€ 5 050 / 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%

2 bedrooms Penthouse in Agios Athanasios, Limassol, Cyprus No. 57410

Bedrooms

100 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Discover modern living in one of Limassol’s most desirable residential areas with Apartment 301, a spacious three-bedroom residence in an exclusive under-construction development in Agios Athanasios.
Positioned on the third floor, this thoughtfully designed apartment offers 100 m² of internal living space, complemented by a 24 m² covered veranda and an additional 2.24 m² uncovered veranda, creating the perfect balance between indoor comfort and outdoor living. A 46 m² private roof garden provides an exceptional space for entertaining, relaxing, or enjoying panoramic views of the surrounding area.
Located in the sought-after municipality of Agios Athanasios, the development offers convenient access to the motorway, top private and public schools, supermarkets, and all essential amenities, while remaining just a short drive from Limassol’s city centre and the beach. The area is well known for its peaceful residential environment, elevated position, and excellent connectivity.
Scheduled for completion in June 2027, Apartment 301 presents an outstanding opportunity for both homeowners and investors seeking a contemporary residence in one of Limassol’s fastest-growing neighbourhoods.
Property Highlights:
3 spacious bedrooms
100 m² internal area
24 m² covered veranda
2.24 m² uncovered veranda
46 m² private roof garden
Total covered area: 172.24 m²
Third-floor apartment
Delivery: June 2027
Price: €505,000 + VAT