+ 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. 28694

2

Bedrooms

2

Bathrooms

80 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New 2 bedroom apartment in a new building located in a very popular area of Germasoia. The Limassol-Nicosia motorway is within easy reach, which allows you to reach all other cities, as well as the airports of Larnaca and Paphos, bypassing the city center. Its proximity to all the main amenities nearby, i.e. banks, restaurants, retail stores, supermarkets, cafes, water sports and other entertainment, makes this place ideal for living and relaxing. It is built in a modern design to provide stunning views from all verandas. Apartment features living and dining area with an open-plan kitchen, covered veranda, 2 bedrooms, 2 bathrooms, each unite has covered parking place. The apartments are very spacious and functional and built to the highest standards. Air conditioning. Covered parking. Double glazed windows. Electric water supply system. Shared swimming pool. 

Features

Veranda

Veranda

Swimming pool

Swimming pool

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28694

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28694

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more