+ 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 Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 27244

3

Bedrooms

2

Bathrooms

111.2 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

New and modern 3+1 bedroom penthouse in a modern, elite apartment complex, located in Potamos Germasogeia, Limassol,  near the famous Dasoudi eucalyptus park within walking distance to the sea. The complex is located in a quiet, picturesque place, but close to all the necessary urban facilities: close to shops, pharmacies, banks, bakeries and supermarkets. Newly designed residential complex with perfect layouts and quality construction materials. Magnificent project with contemporary design and hi-end finishes in a very exclusive location. The complex consists of two blocks with beautiful inside area and swimming pool, each building has collection of 1/2/3/4 bedroom cozy apartments and luxury penthouses, in total are 17 units: 11 flats and 6 penthouses with their own swimming pools and private Roof Terraces. Technical specifications: Italian interior doors, fitted kitchens and wardrobes, only well-known European brands (tiles, sanitary ware, kitchen cabinets and wardrobes), underfloor water heating and VRV conditioning, high ceiling - 3,15 m. Spacious living premises, covered verandas, covered parking spaces and storage rooms are provided for each apartment. Gated community and CCTV 24/7.

Features

Veranda

Veranda

Storage room

Storage room

Swimming pool

Swimming pool

3 bedrooms Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 27244

3 bedrooms Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 27244

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Swimming pool

Swimming pool

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