+ 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. 28821

2

Bedrooms

2

Bathrooms

91 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

New 2 bedroom apartment in a new project, Germasogeia Columbia district, Limassol. Project’ remarkable privacy and breathtaking views derive from its unparalleled location in the lush green surroundings. The thoughtfully designed building with a total of 7 luxury residences offers a boutique living experience. The project is the ultimate home for those who have a sense of style and believe that it is the little things - the details - that make the great difference. Only a five-minute drive from the city centre, yet completely independent, it offers a warm, relaxed atmosphere with charming boutiques, galleries, restaurants, street cafés, sports and wellness facilities, as well as high-quality kindergartens and schools. The project consists of 7 apartments, each with parking and a storage room. Features: open-plan kitchen with living and dining area, 2 bedrooms, 2 bathrooms, veranda.

Features

Veranda

Veranda

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28821

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28821

Features

Indoor facilities

Veranda

Veranda

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