+ 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 Villa in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28674

3

Bedrooms

4

Bathrooms

242 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

New modern 3 bedroom detached villa in a new gated complex is located in quite Germasogeia Tourist Area, at the heart of Limassol’s tourist area. Land prices are amongst the most expensive in the whole of Cyprus. In recent years this area has seen some of the most expensive high-rise residential developments in Europe. Including ‘Limassol Del Mar’, ‘Icon’ and ‘Ritz Carlton’. The villas are located within a 5 to 10 minute walk from these developments. The villas are 10 minute walk from the beachand near to all major tourist attractions and with easy access to the highway. They are in possibly the most sought after location in Limassol. The complex consist only five 3 bedroom villas. Two villas are link-detached and three villas are detached. The villas come with private pool, jacuzzi, under floor heating, air-conditioning and private elevator. Built to a high standard by our own team of tested constructors. Designed with spacious functional areas and modern architectural detals is the ideal place for anyone looking to live in a peaceful and very scenic area. Its premium location gives it an exquisite front view of the sea and the city. Features: double glazing windows, en-suite bathroom, fitted wardrobes, guest WC, luxury specifications, modern design, water pressure system, automated house system(lghting, garage door, etc.), video intercom for the main entrance door.

Features

Veranda

Veranda

3 bedrooms Villa in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28674

3 bedrooms Villa in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28674

Features

Indoor facilities

Veranda

Veranda

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