+ 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%

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 30143

3

Bedrooms

4

Bathrooms

134 sq.m.

Square

Parameters

Property Description

Luxurious 3 bedroom apartment with a private roof garden with Jacuzzi in a contemporary high-rise complex, perfectly located on the coast road in the Germasogeia Area of Limassol and within walking distance of glorious sandy beaches. The spacious apartments enjoy panoramic views of the sea and the city and area just perfect for enjoying a sun-drenched Mediterranean lifestyle. Complex upmarket facilities – residents’ swimming pool with sun terrace and bar; gym and sauna; children’s play area; high-speed liſts, and an imposing atrium lobby with on-site butler. Value-added services are also available on request, including in-room food deliveries, as well as laundry, cleaning, handyman and babysitting services. Apartment has allocated covered parking and storage

Features

Swimming pool

Swimming pool

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 30143

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 30143

Features

Outdoor features

Swimming pool

Swimming pool

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