+ 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 Germasogeia, Limassol, Cyprus No. 28621

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

Parameters

Property Description

Modern 2 bedroom apartment in a three storey building located in the developing area of Germasogeia Village and conveniently surrounded by all the essential amenities. It will consist only of about 6 apartments with two 2 bedroom apartments in each floor with specious verandas and will be designed for the upper-intermediate class mostly for foreigners that are seeking to purchase a property in a quiet and family oriented location of Limassol. Apartments features living and dining area with an open-plan kitchen, covered terraces, 2 bedrooms, 2 bathrooms, each unite has covered parking place and storage room. Apartment specification: security surveillance provision, disabled parking place, storage rooms, landscape gardens, energy performance class, covered parking spaces, safe doors, high quality double glazed windows, aircondtions provisions, high quality sanitary ware, ergonomic layout design, master bedroom with en-suit WC, specious bedrooms, specious verandas, alarm system provisions, video intercom and door viewer. 

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 28621

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 28621

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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