€ 700 000

€ 4 516 / 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 Penthouse in Germasogeia, Limassol, Cyprus No. 28192

Bedrooms

Bathrooms

155 sq.m.

Square

Parameters

Property Description

New stylish 3 bedroom penthouse situated on a hill with lovely sea and mountain views in Germasogia village. Property features 3 bedrooms, large living room and open-plan kitchen, big balcony, roof terrace with private swimming pool and garden. The property is equipped with air-conditioners, large TV, cooker and oven. Solar panels and electrical boiler for hot water, thermal insulation, bathroom and wardrobes in each bedroom, modern design, storage room and covered parking place.

Features

Veranda

Swimming pool