+ 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. 57420

3

Bedrooms

2

Bathrooms

114.6 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Modern 3-Bedroom Penthouse for Sale in Katholiki, Limassol
Experience contemporary city living in this stylish 3-bedroom penthouse located on the 4th floor in the sought-after area of Katholiki, Limassol. Offering 114.6 m² of thoughtfully designed internal space, this under-construction residence combines modern comfort with an excellent central location, just minutes from the sea, the city centre, the port, cafés, restaurants, churches, and everyday amenities.
Designed for both relaxation and practicality, the apartment features three spacious bedrooms, two modern bathrooms, air conditioning provisions, a private storage room, a covered parking space, and elevator access. The highlight of the property is the private jacuzzi, creating the perfect space to unwind while enjoying the elevated lifestyle of a penthouse.
An excellent opportunity for families, professionals, or investors seeking a premium home in one of Limassol’s most convenient and rapidly developing locations.

Features

City center

City center

Private Jacuzzi

Private Jacuzzi

New project

New project

Elevator

Elevator

Garden

Garden

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

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3 bedrooms Penthouse in Limassol, Cyprus No. 57420

3 bedrooms Penthouse in Limassol, Cyprus No. 57420

Features

Location

City center

City center

Features

Private Jacuzzi

Private Jacuzzi

New project

New project

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

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