+ 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. 28905

2

Bedrooms

2

Bathrooms

95.8 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New and modern 2+1 bedroom apartment in a modern, elite and small apartment complex, located opposite the famous Dasoudi eucalyptus park, within walking distance to the sea. The complex is located in a quiet, picturesque place, but close to all the necessary urban facilities: close to shops, pharmacies, banks, bakeries and supermarkets. The project was built according to an exclusive project using unique architectural solutions and impeccable layouts. The elegant and unusual design of the facades is complemented by the complex's own internal infrastructure, as well as high-quality finishing materials and a high level of construction in general. It offers residents a large landscaped area with common swimming pool, lounge area, gym facilities, private parking, storage rooms and a controlled entrance with limited access. The complex consists of five cozy 2 and 3 bedroom apartments and three luxurious 3 bedroom penthouses with private rooftop pools. Complete finishes including natural stone and high quality ceramic tiles. Italian interior doors, fitted kitchens and wardrobes. Ceramic brick walls with heat and sound insulation. Beautiful false ceilings with soft lighting and curtain niches. Under-floor water heating, VRF air conditioning. Large panoramic energy-efficient windows. Italian sanitary ware and faucets, electronics from the Legrand brand. Fireproof safe entrance doors. Solar powered or electric heated water pumping system. Automatic climate control system in the apartment. Video intercom

Features

Veranda

Veranda

Storage room

Storage room

Swimming pool

Swimming pool

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28905

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 28905

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Swimming pool

Swimming pool

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