+ 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 Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28653

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

Parameters

Property Description

New modern 2 bedroom apartment in a contemporary complex located on a small residential building in Papas area – one of the most sought-after areas in Limassol. It is only within walking distance to the seafront road and the famous Dasoudi beach and park. The town center is only few minutes away as well as the highway. It is surrounded by all kinds of amenities. Apartment features living and dining area with an open-plan kitchen, covered terrace, 2 bedrooms, 2 bathrooms, covered parking place. Finishes and specifications include: ceramic flooring in living/dining room and kitchen room, bedrooms are fitted with parquet flooring, verandas are covered with ceramic tiles, aluminum double-glazed windows, provision for A/C. Solar water heater  system. 

Features

Veranda

Veranda

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28653

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28653

Features

Indoor facilities

Veranda

Veranda

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