+ 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 Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 25838

2

Bedrooms

2

Bathrooms

82.5 sq.m.

Square

Parameters

Property Description

Contemporary 2-bedroom Apartment located at one of the most prestigious and upcoming areas of Limassol only 200m from the beach. It has the entire necessary infrastructure for permanent residence: Dasoudi park and beach, supermarkets, banks, public transportation. Stylish and modern architectural design, comfortable plans and expensive finishes will set a new standard for urban living and will impress the most demanding buyer. Complex consist of only six luxury apartments with underground parking for six cars and storage rooms for each apartment. Quiet surroundings and proximity to all city amenities provide ideal conditions for happy family living and holidays. Main Features of the Building - Energy efficiency Class A+ with thermal insulation for walls and roof - Double glazed windows and siding doors with thermal and acoustic insulation - V.R.V. system, integrating cooling ventilation and heating - Underfloor heating and water heating with solar panels - Underground parking with storage rooms - Branded Cuisines - High-quality doors and cabinets - Quality sanitary ware - Apartment videophone access control. Delivery date November 2019

Features

Veranda

Veranda

Car park

Car park

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 25838

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 25838

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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