€ 673 750

€ 3 743 / 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 Apartment in Germasogeia, Limassol, Cyprus No. 23385

Bedrooms

Bathrooms

180 sq.m.

Square

Parameters

Property Description

Luxury apartment for sale on the second floor in Germasogeia area. The Apartment is 180 sq.m.. It consists of: 2 bedrooms (1 Master), 1 bathrooms, 2 wc and it also has 1 parking (closed), a shared pool, a storage unit and an amazing view. The property is a new development and its perfect for an investment Price: €673,750. Century 21 Cyprus.