+ 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. 28753

2

Bedrooms

2

Bathrooms

90 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New 2 bedroom apartment is located in a new residence situated in a much sought-after location at Green area of Germasogeia and it is surrounded by green area and enjoys wonderful view. Has easy access to the tourist area - with the best nightlife on the island & all amenities are excellent restaurants, bars and clubs, glorious beaches and superb 5* hotels. Residence offers two and three bedroom apartments with private covered parking, common swimming pool and store rooms for each apartment. Features: 2 bedrooms, Family bathroom and guest wc, Italian kitchen & dining area, Living area with covered veranda, High ceiling throughout, Electric shutters in bedrooms, Covered parking, Store room, Double glazed windows. 10 minutes drive from tourist area, Surrounded by green areas, Modern Design, Upgraded Specifications, Energy Saving Certificate A, only 9 Spacious apartments, Gated entrance, Gommunal swimming pool, Under floor heating, Children’s playground.

Features

Veranda

Veranda

Storage room

Storage room

Swimming pool

Swimming pool

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28753

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28753

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Swimming pool

Swimming pool

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