€ 650 000

€ 4 333 / 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 Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28638

Bedrooms

Bathrooms

150 sq.m.

Square

Parameters

Property Description

Modern 3 bedroom apartment 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 4 levels complex under construction. 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 has limited collection of tree 3 bedroom apartments, one apartment on each floor and one 3 bedroom penthouses with spacious terraces. Apartment features living room, modern and comfortable kitchen, 2 bathrooms, guest WC, 3 bedrooms. Common parameters: balcony doors and windows – aluminum profile with double glazing and thermal insulation, glass balcony balustrades, built-in wardrobes in bedrooms, laminate floors of high quality in all bedrooms, living and dining areas. Video intercoms in every apartment. Individual storage rooms on the lower floor and covered parking places. Central Heating. Electric Range. Elevator. Emergency Exit. En-Suite Bathrooms. Luxury Fittings. Roof Garden. Solar Heating.