+ 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. 26236

2

Bedrooms

1

Bathrooms

85.7 sq.m.

Square

Parameters

Property Description

New modern 2 bedroom apartment located in a quiet area of Potamos Germasoya, within walking distance to the sea and all infrastructure and amenities are nearby. Apartment features living and dining area with a separate kitchen, guest toilet, 2 bedrooms with built-in wardrobes and a main bathroom. Ceramic flooring and laminate in bedrooms. Provisions for air-conditioning. Covered parking and storage. (furniture on the photos is not included)

Features

Veranda

Veranda

Storage room

Storage room

Car park

Car park

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26236

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 26236

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Car park

Car park

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