+ 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 Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28632

2

Bedrooms

2

Bathrooms

86.1 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

Modern 2 bedroom penthouse in a contemporary complex situated in Germasogeia area, Limassol. It is one of the safest and most prestigious areas of the city, with a rich infrastructure – from good supermarkets and bakeries with fresh croissants to trendy bars, restaurants and boutiques. A walk to the sea from the Germasogeia area is especially pleasant - the path runs through a park of centuries-old eucalyptus trees! Even on the hottest day, you can enjoy the fresh sea breeze in the shade of these amazing trees. Absolutely all infrastructure facilities are located at a five minutes by car distance. Residence is a new premium-class residential complex in Limassol. This is the perfect combination of a club estate project with a private community and prestigious location. The complex is located in the heart of the active life of the city, and at the same time, in a comfortable distance from the city noise, which once again emphasises the convenience of the location for living and recreation. Residence is a clubhouse with a limited collection of sixteen 2/3 bedroom apartments and luxury penthouses with spacious terraces. Gated territory with parking and swimming pool, recreation zone & SPA, modern design & high-quality materials, modern finshes. Magnificent common space with a swimming pool. BBQ area in penthouses - a place ideal both for family dinners or a relaxing evening with friends. The interior design of the residential complex was inspired by natural onyx stone, with shades and tones of blue. The final designs feature Onix Blue materials with a similar texture and color scheme. Apartment features living room with panoramic windows and natural light, elegant design, attention to detail, high ceilings up to three metres; modern and comfortable kitchen with granite worktops; 2 bathroom - intelligent space and ergonomic bathroom equipment from leading European brands, unique design with wall and floor coverings with Onix Blue; 2 bedrooms - built-in furniture and the interior design is inspired by luxurious natural materials, with Onix Blue panels used throughout the interiors. Common parameters: fire-resistant front door with a modern locking system, white interior doors, balcony doors and windows – aluminum profile with double glazing and thermal insulation, glass balcony balustrades, built-in wardrobes in bedrooms, chipboard and white matte finish. Laminate floors of high quality in all bedrooms, living and dining areas. Video intercoms in every apartment. Individual storage rooms on the lower floor. Modern VRV air conditioning system and provision floor heating system (water-based) in all rooms. Hot water supply is provided by energy-efficient solar panels as well as electric heating. A photo-voltaic system reduces common building costs. Plumbing, faucets and accessories from leading European brands.

Features

Veranda

Veranda

Swimming pool

Swimming pool

2 bedrooms Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28632

2 bedrooms Penthouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28632

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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