€ 790 000

€ 8 495 / 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%

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 30896

Bedrooms

Bathrooms

93 sq.m.

Square

Parameters

Property Description

This unique 2 bedroom apartment is located in a quiet neighborhood in the Germasogeia area. The complex has 16 apartments with 2,3, and 4 bedrooms and provides excellent features such as concierge service, CCTV, outdoor swimming pool, fitness center, and sauna. It is located within walking distance to the beach and close to all amenities. The apartment has a smart home system, expensive kitchen units and sanitary ware, and high-quality marbles, granites, and wooden parquet. It’s an excellent choice for those seeking luxury living and a comfortable and safe stay.