+ 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%

4 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 25797

4

Bedrooms

3

Bathrooms

155.5 sq.m.

Square

Parameters

Property Description

Luxury 3 bedroom apartment in a prestigious complex situated just a few minutes’ walk to the beach in Potamos Germasogeia area of Limassol city. The apartment reflects modern design and includes an open plan living room with dining area, 2 bedrooms, bathrooms and fitted kitchen. The complex consists of 12 spacious 2 - 3 bedrooms apartments and two 4-bedroom penthouses with roof gardens are arranged over 5 floors and also offer access to communal swimming pool, private parking space and excellently located within walking distance to all city amenities.

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

4 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 25797

4 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 25797

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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