+ 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 Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26217

3

Bedrooms

3

Bathrooms

125 sq.m.

Square

Parameters

Property Description

 Availiable since February New modern 3 bedroom apartment, located in Potamos Germasoya, close to Papas supermarket, tourist area, Dasoudi beach with it's eucalyptus alley and with all infrastructure and amenities nearby. Apartment features entrance hallway leading into a spacious living/dining space with an ope-plan kitchen and 3 bedrooms (master en-suite), main bathroom. Comfortable climate control is ensured by underfloor heating, VRV air-conditioning in the living areas and unit in bedrooms. All necessary appliances are included. Covered parking and storage.

Features

Veranda

Veranda

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26217

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26217

Features

Indoor facilities

Veranda

Veranda

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