+ 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. 26096

4

Bedrooms

4

Bathrooms

254 sq.m.

Square

III quarter, 2022

Completion date

Parameters

Property Description

The prestigious 12-storey high-end residence is currently being developed only a few meters from the crystal clear blue waters of the warm Mediterranean Sea at Limassol and it offers much more than just an iconic silhouette on the City’s skyline. This luxury development brings the exclusive beachfront living to a whole new level in both innovative design and stunning architecture and a desired location right on the beach and within easy reach of the city’s excellent infrastructure. sweeping outdoor spaces and stunning panoramic sea views from every single residence. A choice of bespoke fixtures and fittings including hi-end tiles and bathroom fittings to a truly stunning range of contemporary and modern kitchens are available to make every living space unique and personal. The project includes all the final touches that make for an exclusive beachfront lifestyle including a spa and fitness center along with a dedicated concierge service. It is anticipated that residents will expect only the very best that beachfront living has to offer and we are confident that this project will deliver beyond their most demanding expectations. Delivery date: September 2021

Features

Veranda

Veranda

Car park

Car park

4 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26096

4 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26096

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

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