+ 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 Apartment in Mesa Geitonia, Limassol, Cyprus No. 58596

3

Bedrooms

2

Bathrooms

125 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Modern 3-Bedroom Penthouse for Sale in Panthea
Discover this spacious 3-bedroom penthouse currently under construction in the sought-after area of Panthea, Mesa Geitonia. Offering 125 sq.m. of internal space, complemented by 43 sq.m. of covered verandas and 46 sq.m. of uncovered verandas, the property provides generous indoor and outdoor living areas with beautiful city views.
Located on the 3rd floor, the penthouse features 3 bedrooms, 2 bathrooms, 1 closed parking space, a private storage room, and an elevator. Designed with energy efficiency and modern living in mind, it holds an Energy Efficiency Certificate A and includes an individual photovoltaic system installed on the roof.
Additional provisions include air conditioning, electric shutters, and EV charging in the covered parking area. Conveniently located close to schools, the city centre, cafés, restaurants, and with easy access towards the seaside.
Delivery: Q4 2026

Features

City center

City center

City view

City view

New project

New project

Elevator

Elevator

Private parking

Private parking

School

School

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+ VAT

3 bedrooms Apartment in Mesa Geitonia, Limassol, Cyprus No. 58596

3 bedrooms Apartment in Mesa Geitonia, Limassol, Cyprus No. 58596

Features

Location

City center

City center

City view

City view

Features

New project

New project

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

School

School

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