€ 950 000

€ 7 724 / 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 Germasogeia, Limassol, Cyprus No. 25393

Bedrooms

Bathrooms

123 sq.m.

Square

Parameters

Property Description

For sale, a charming 3-bedroom, 3-bathroom apartment on the 4th floor in Germasogeia. Spanning 123 sq.m., this residence offers a comfortable living space with a modern design. The apartment comes with the convenience of 1 closed parking space, ensuring secure vehicle storage. Enjoy the proximity to the sea, seaside, and city center, making it an ideal location for those who appreciate a vibrant lifestyle. Additionally, residents have access to a swimming pool and a garden, enhancing the overall quality of living.