€ 690 000

€ 5 702 / sqm

+ 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 Townhouse in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28782

Bedrooms

Bathrooms

121 sq.m.

Square

II quarter, 2022

Completion date

Parameters

Property Description

New modern 2 bedroom house in a contemporary residence at the heart of Limassol’s tourist area, striking new project with impressive design details, just 400 metres from the sea. Created to offer an affluent island lifestyle to all residents through a carefully laid out complex which is close to all necessary amenities, it includes 3 apartment blocks and 4 semi-detached houses. The 5-floor blocks include 10 apartments each. With a bold linear design, the blocks exude a sense of refinement and modernity, A-grade energy saving certifications, under floor heating for absolute comfort , double glazed windows, provisions for electric shutters, covered parking and high-end finishes throughout. Residents will also enjoy absolute privacy with a gated entrance as well as family friendly features such as the extravagant communal swimming pool and gated children’s playground.

Features

Swimming pool