+ 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. 30135

2

Bedrooms

2

Bathrooms

112 sq.m.

Square

IV quarter, 2022

Completion date

Parameters

Property Description

Luxury 2 bedroom apartment in a prestigious seafront development with amazing unobstructed sea views situated in the heart of tourist area of Limassol, surrounded by best infrastructure and amenities, numerous cafes, bars and restaurants as well as shops and luxury boutiques etc. Luxury amenities of the complex include the lobby area, residents’ restaurant, spa, gym, as well as indoor and outdoor swimming pool spaces. An effortless elegance of the design carries through in the interior with the Italian kitchen by Arclinea which has reconstructed granite worktops and integrated Miele appliances showcasing the enhanced specification throughout the apartment while the bathrooms and en-suites have custom-made vanity cupboards, delicate mosaic tiling with Duravit fittings and Hansgrohe taps and mixers.

Features

Veranda

Veranda

Swimming pool

Swimming pool

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 30135

2 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 30135

Features

Indoor facilities

Veranda

Veranda

Outdoor features

Swimming pool

Swimming pool

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