€ 1 000 000

€ 5 181 / sqm

+ 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 Villa in Germasogeia, Limassol, Cyprus No. 26578

Bedrooms

Bathrooms

193 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

ID

26578
City

Cyprus
Type

Villa
Status

Off-plan
Bedrooms

3
Floor

2

Bathrooms

3
Square

193 sq.m.
Land area

421 sq.m.
To sea

3 km
Completion date

IV quarter, 2024
Completed

No

Property Description

New modern 3 bedroom villa in a privileged location in one of the most desirable residential suburbs of Limassol Panorea- Germasogeia, with spectacular views of the Limassol coastline and just moments away from Limassol’s finest five star hotels. A collection of 4 luxury villas, this development offers contemporary living just minutes away from the city. Villa has private pool with stunning views to the sea, city and mountains. House respond to the confident tastes of discerning clients. Property features living and dining area with an open-plan kitchen, covered terrace, 3 bedrooms, 2 bathrooms, guest WC, covered parking place. Finishes and specifications include: Suspended high ceilings in Ground floor with net height 2.80m throughout. 1st floor areas with net height 2.90m, except sanitary areas. 1st floor sanitary areas with suspended ceilings net height 2.55m. Discreet linear grills for A/C diffusion in Ground floor living area ceilings. Ground floor, verandas and sanitary areas are paved with high-quality EU-made ceramic tiles. First floor and staircase are paved with high-quality laminate flooring. Building entrance path, parking area and external garden paths with pebble-stone flooring. All kitchen and sanitary fittings from respected European suppliers such as GROHE, Ideal Standard and Villleroy&Boch. Electric Towel rail provisions in bathrooms. European Class A energy certicate. External thermal insulation system. Photovoltaics system (3kWatt). Split concealed A/C units in Ground floor living areas (Mitsubishi Electric or equivalent, Category Energy Class A+). Split wall-type A/C units in bedrooms. Underoor heating in all living areas operated by central heat pump. Individual temperature control in each room. Aluminium solar heating panels connected to hot water cylinder. Instant hot water recirculation system. Pipe in pipe plumbing system. Water softener provision. Pool: Skimmer pool provision (up to mechanical room). Smart home system. The system includes iOS/Android graphical user interface that works with Wi-Fi. Electric vehicle fast charger provision. Provision under Kitchen Sink (for lter or garbage disposal). Electric garage gate provision. Security alarm/re system including 3 PIR sensors, 1 smoke detector, 1 heat detector, 2 alarm wall keypads and 1 external alarm sounder. NVR camera system consisting of 4 cameras. Door video phone system at building entrance.