3 bedrooms Penthouse in Limassol, Cyprus No. 58646

Bedrooms

100 sq.m.

Square

€ 600 000

€ 6 000 / 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

A residential development offering apartments of varying sizes in a well-connected residential area of Limassol, set right next to the city's National Forest Park. The location combines everyday convenience with amenities just across the road, easy highway access, and international schools nearby - with the peace of a green, natural setting.

Residents will enjoy access to a fully equipped gym, communal swimming pool, and sauna, all designed as shared spaces that bring everyday life and community together just steps from home.

Every apartment is finished with custom kitchens and wardrobes, thermal aluminium lift-and-slide windows, and generous ceiling heights. The development also features photovoltaic panels for common areas, a solar water heating system, EV charging at a common station, and basic smart-home provisions in every apartment - combining comfort, efficiency, and modern design in one of Limassol's most desirable green neighbourhoods.

The Project has 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

€ 1 481

Apartment (1 bedroom) Outside of Centre

€ 1 244

Apartment (3 bedrooms) in City Centre

€ 2 378

Apartment (3 bedrooms) Outside of Centre

€ 1 882

Buy Apartment Price

Price per square metre in the city centre

€ 4 952

Price per square metre outside the city centre

€ 3 672

3 Bedrooms

100 sq.m.

+ VAT

3 Bedrooms

100 sq.m.

+ VAT

3 Bedrooms

100 sq.m.

+ VAT

3 Bedrooms

100 sq.m.

+ VAT