+ 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. 27255

3

Bedrooms

3

Bathrooms

123 sq.m.

Square

I quarter, 2020

Completion date

Parameters

Property Description

New 3 bedroom apartment located in an elegant modern residential complex in the Germasogeia area, Limassol, 500 meters from the beach and promenade. This boutique complex of 1, 2 and 3 bedroom residences has an excellent address within walking distance of many amenities. Residences consists of eleven luxuriously furnished apartments with open-plan living areas that lead to large terraces. This is the perfect Mediterranean style home. The spacious suites are decorated with a cool modern palette that complements the sleek modern exterior and offer beautiful city and sea views. This spacious apartment has an open plan living and dining area and kitchen. Living area with a fireplace leads out to a large veranda with private jacuzzi and lounge area with beautiful town and mountain views. Property has are 3 large bedrooms. Master bedroom has en-suite facilities. A family bathroom and a guest WC conclude the apartment. The apartment has hi-end finishes, modern design and excellent specifications. Covered parking available.

Features

Veranda

Veranda

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 27255

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 27255

Features

Indoor facilities

Veranda

Veranda

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