Platon Suites

Ten Apartments for Sale in Neapolis, Limassol, Cyprus

Platon Suites is a compact residential building on a quiet street in Neapolis, an established residential district of Limassol on the south coast of Cyprus. It holds ten apartments on floors 1 to 4: six with one bedroom and four with two. Each floor has two or three apartments, and a lift runs to every level. The project is sold off plan, with construction scheduled to begin in autumn 2026 and completion planned for the third quarter of 2028. The building is designed to energy class A+.

The architecture combines a sculpted façade with full-height glazing and verandas fronted by frameless glass panels. Because only ten households share the entrance, the lift and the pool terrace, the common areas stay quiet and easy to manage. The interior images in the sales material are design visualisations.

Neapolis Location With Columbia Beach About 8 Minutes on Foot

Neapolis is a lived-in district where everyday errands can be done on foot. An Alphamega supermarket stands directly across the street, and cafés, schools and medical clinics are in the surrounding blocks. The brochure gives a walking time of about eight minutes to Columbia Beach and the sea. The A1 motorway is close by, which shortens trips to the other towns of the island and to both international airports.

Approximate drive times from the building in normal traffic, as stated in the developer's brochure:

• Molos seafront promenade: about 7 minutes
• Old Port and Limassol Marina: about 10 minutes
• City centre and Old Town: about 10 minutes
• Mediterranean Hospital and Foley's School: about 15 minutes each
• My Mall and City of Dreams Mediterranean: about 20 minutes each
• Larnaca and Paphos airports: about 50 minutes

Six One-Bedroom and Four Two-Bedroom Apartments Compared by Floor and Size

The table lists every apartment in the building with its floor, interior area and covered veranda. The total includes all verandas.

The one-bedroom apartments repeat in two layouts on floors 1 to 3. Units 101, 201 and 301 have 56 m² inside and a 12 m² covered veranda; units 102, 202 and 302 have 51 m² and an 8 m² veranda. The two-bedroom homes start on the second floor. Units 203 and 303 offer 80 m² inside with a 14 m² veranda. The fourth floor has only two apartments: 401, with two covered verandas of 5 and 8 m² plus 3 m² of open veranda, and 402, the largest home in the building at 102 m² in total, with two bathrooms and verandas of 15 and 2 m².

Every apartment includes one covered parking space and one private storage room. A one-bedroom layout works for a single owner, a couple or a second home that is used part of the year. The two-bedroom apartments give room for a family, guests or a separate home office.

Heated Swimming Pool and Jacuzzi on the First-Floor Residents' Terrace

The shared amenities are concentrated on one landscaped terrace on the first floor, next to apartments 101 and 102. It has a heated swimming pool with a cascading water feature, a Jacuzzi, sun loungers and planting, together with a shower and a WC. The terrace is reserved for residents. Because the pool is heated, it can be used beyond the summer months.

Underfloor Heating, Fitted Kitchens and Smart-Home Wiring in Every Apartment

Underfloor heating is included in every apartment, and air conditioning is installed throughout. Rooftop solar and photovoltaic panels serve the building. The kitchens are handle-less fitted units in taupe and oak, with a stone-effect worktop and splashback, concealed LED lighting and backlit glass wall cabinets. Appliance and furniture packages are available on request at extra cost.

Bedrooms have built-in wardrobes, and the apartments are wired for smart-home systems. Bathrooms have walk-in showers with frameless glass, wall-hung sanitaryware and backlit mirrors. Access control and a video intercom manage entry to the building. The developer notes that the specification may be refined during construction; the final specification is fixed in the sales contract.

Off-Plan Timeline From Autumn 2026 to Completion in Q3 2028

The purchase follows four steps. It begins with a reservation of the chosen apartment. The sales contract is then signed and lodged with the Land Registry. Payments are made in instalments during construction, on a schedule agreed individually with each buyer. Developer financing is available on the final part of the price.

Buyers who reserve early can customise the interior of their apartment. Mortgage support is offered through partner banks, and property management is available after handover for owners who do not live in Limassol all year.

How VAT and the Residency Permit Work When Buying a New Apartment in Cyprus

Prices of new-build apartments in Cyprus are quoted excluding VAT and Land Registry transfer fees. The standard VAT rate is 19 %. A reduced rate of 5 % can apply when the apartment becomes the buyer's primary permanent residence, kept as the main home for ten years. The reduced rate covers the first 130 m² and is subject to a cap on the purchase value; it is not available for homes above 190 m² or above a maximum total value set in the law. Whether a specific apartment and buyer qualify is checked case by case.

Since May 2023, Category 6.2 of the Cypriot immigration rules grants permanent residency to buyers of a new residential property from a developer above a minimum purchase value plus VAT, combined with a secured annual income of at least 50,000 euros, increased by 15,000 for a spouse and 10,000 for each child. We review the current thresholds with each buyer before a reservation.