+ 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 Townhouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26235

3

Bedrooms

3

Bathrooms

134 sq.m.

Square

Parameters

Property Description

New modern 3 bedroom townhouse in Potamos Germasoya, just 600m form the sea, peaceful atmosphere of the quiet street in the neighborhood, with no tall buildings nearby is successfully combined with the closeness to the city's entire infrastructure - shops, pharmacies, restaurants and cafes, which provides excellent conditions for recreation, and for comfortable family living. Gated complex consists of seven 3 bedroom maisonettes with hi-end finishing, installed VRV air-conditioning system and underfloor heating. First floor feautures open-plan living and dining area with a kitchen and a guest toilet. Second flor accomodates 2 bedrooms and a main bathroom with a bathtub and a shower. Third floos hosts a third bedroom with shower and a lovely roof terrace. Common swimming pool. Uncovered parking

Features

Veranda

Veranda

Car park

Car park

Swimming pool

Swimming pool

3 bedrooms Townhouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26235

3 bedrooms Townhouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26235

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Car park

Car park

Swimming pool

Swimming pool

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