€ 980 000

€ 8 228 / 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%

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 24295

Bedrooms

Bathrooms

119.1 sq.m.

Square

Parameters

Property Description

A modern three-bedroom apartment under construction, located in the sought-after area of Potamos Germasogeia. This spacious property offers 119.1 m² of internal living space, thoughtfully designed for comfort and convenience. The apartment is set on the first floor of a four-story building, with an elevator for easy access.

The home features three generously sized bedrooms and two stylish bathrooms, making it ideal for families or those needing extra space. Enjoy comfortable living all year round with underfloor heating throughout the apartment. The property also grants residents access to a stunning communal swimming pool and a fully equipped gym.