€ 970 000

€ 6 644 / 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%

3 bedrooms Villa in Germasogeia, Limassol, Cyprus No. 30746

Bedrooms

Bathrooms

146 sq.m.

Square

Parameters

Property Description

For sale: A modern detached villa under construction in the popular area of Germasogeia. With 146 m² of internal space, this home offers three comfortable bedrooms and three stylish bathrooms. The villa features an open-plan living area that leads directly to your private swimming pool, perfect for both relaxing and entertaining. Underfloor heating ensures comfort throughout the seasons, and residents have access to a well-equipped gym within the gated complex.

Germasogeia is well-known for its vibrant atmosphere, offering a balance of tranquility and convenience. The area is highly regarded for its array of amenities, including shops, restaurants, and services, all within easy reach. The property is conveniently close to the highway, making travel simple, and offers stunning city and sea views from many vantage points throughout the villa.

Scheduled for completion in 2029, this villa is designed for modern living and offers excellent privacy and security within a gated community. Whether you are looking for a new family home or a solid investment, this property presents a unique opportunity. For more information or to arrange a viewing, please contact Purple International Real Estate.