+ 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. 28539

3

Bedrooms

3

Bathrooms

106.3 sq.m.

Square

II quarter, 2023

Completion date

Parameters

Property Description

New modern 3 bedroom apartment in a contemporary complex located in a prestigious area of Potamos Germasoya, close to Columbia area and Kolonakou street with all necessary infrastructure and amenities just around the corner and just a short drive to the sea and Dasoudi beach. Apartment features living and dining area with an open-plan kitchen, covered and uncovered verandas, 3 bedrooms, master is en-suite and a main bathroom .Installed Photovoltaic system and Electric under floor central heating. Store room and 2 covered parking spaces

Features

Veranda

Veranda

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28539

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28539

Features

Indoor facilities

Veranda

Veranda

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