+ 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. 28727

2

Bedrooms

2

Bathrooms

97 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

New 2+1 bedroom apartment in a new project ideally located in Germasoyia area, 500m from the beach, one of the most sougth-after and prestigious residential areas in Limassol and within walking distance to all everyday necessary amenities, such as supermarkets, pharmacies, restaurants, bakeries and much more.  Further more project is just a five minute walk away from Limassol's beautiful beaches. Building of luxury apartments is a unique new development in Limassol, its four floors plus roof garden and 11 spacious apartments creating an atmosphere of opulent luxury for its residents.  Each floor features three apartments exclusively designed and arranged to allow for maximum comfort and privacy. Offering a choice of studio, 1 and 2 bedroom apartment as well as two exclusive penthouses, a state of the art private gym, two swimming pools and breath-taking city and sea views. The top floor is reserved for two penthouses.  One of them is complete with its own roof garden and private pool. Ground Floor: Parking area & storages. Mezzanine Floor: Gym area, Jacuzzi, Changing rooms, Showers, Large storages with en suite. 1st - 2nd & 3rd Floor: 3 Apartments on each floor (Total of 9 flats). 4th Floor: 1 Penthouse with roof garden, 1 Penthouse with private pool and roof garden. Provision for airconditioning (wall mounted). Provision of electrical heating (wall mounted). Every apartment will have parking space and storage room. Doorbell with intercom camera system in all apartments. Electrical opening parking gates. All entrances to the building will be lockable with password key. 

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28727

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28727

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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