€ 737 000

€ 8 570 / 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%

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 27567

Bedrooms

Bathrooms

86 sq.m.

Square

Parameters

Property Description

For sale is a modern under-construction penthouse apartment located in the sought-after area of Potamos Germasogeia. This spacious property offers 86 m² of internal living space, thoughtfully designed to provide comfort and convenience.

The apartment features two bedrooms and two bathrooms, ideal for small families or couples looking for extra space. Enjoy the added benefit of underfloor heating throughout the home, ensuring a comfortable environment all year round. The penthouse is accessible by elevator, offering privacy and ease of access.

Potamos Germasogeia is a vibrant area known for its blend of tranquility and convenience. The neighborhood is well-regarded for its safe, friendly atmosphere and beautiful surroundings. Residents have easy access to local shops, restaurants, cafes, and beaches, making everyday living both practical and enjoyable.

This fantastic property is perfect for those seeking modern living in a prime location, close to all amenities. Presented by Purple International Real Estate, this is an excellent opportunity to invest in a quality home in one of the area's most desirable neighborhoods.