€ 699 000

€ 7 989 / 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. 28145

Bedrooms

Bathrooms

87.5 sq.m.

Square

I quarter, 2021

Completion date

Parameters

ID

28145
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

2

Bathrooms

2
Square

87.5 sq.m.
Veranda area

26 sq.m.
To sea

700 m
Completion date

I quarter, 2021
Completed

Yes

Property Description

A great modern gated development consisting of spacious apartments and penthouses. The development consists of 7 two- and three-bedroom apartments and 2 three- and four-bedroom penthouses. Located in the prestigious tourist area of the city – Potamos Germasogia within walking distance to the sandy beaches. Quiet surroundings and proximity to all city amenities provide ideal conditions for happy family living. The indoor facilities include a common swimming pool and covered parking. The penthouses with panoramic city views have own roof terraces with private pools

Features

Veranda

Swimming pool