+ 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 Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26083

2

Bedrooms

2

Bathrooms

86.8 sq.m.

Square

Parameters

Property Description

Modern 2 bedroom penthouse with roof garden in the building situated in Potamos Germasogeias area of Limassol city. The building offers 8 two and three bedrooms residential apartments. There are 2 apartments on each floor. The building offers the residents convenient access to the common pool, storage area and covered parking. The apartments located on the top floor have a wonderful roof garden. All necessary amenities and close to the sea.

Features

Veranda

Veranda

Car park

Car park

2 bedrooms Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26083

2 bedrooms Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26083

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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