€ 1 070 000

€ 7 985 / 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 Apartment in Germasogeia, Limassol, Cyprus No. 27591

Bedrooms

134 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Luxury apartments with 2 and 3 bedrooms in the new finished high-rise The Only Tower on the 1st line in the center of Limassol near Dasoudi Park : an excellent combination of quality, location and reasonable price +excellent rental potential + the opportunity to immediately live and get permanent residence in Cyprus!• Property type: apartments
• Number of bedrooms: 2-3
• Number of agricultural units: 2-3
• Area from 134 m2
• Distance from the sea 50 m
• Swimming pool
• Sea view
• City view
• Built-in kitchen, incl. appliances
• Built-in wardrobes in the bedrooms
• Equipped with
• Air conditioners
• VRV heating system
• Underground parking
• Swimming pool
• 5* hotel infrastructure
• The distance from the airport is 65 km

Cost from 1,070,000 euros + VAT

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