€ 725 000

€ 5 992 / 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 Apartment in Germasogeia, Limassol, Cyprus No. 31033

Bedrooms

Bathrooms

121 sq.m.

Square

Parameters

Property Description

Set within a gated complex currently under construction in Germasogeia, this apartment is scheduled for completion in 2026. It occupies the first floor of a two-story building served by an elevator, with an internal area of 121 square meters arranged across three bedrooms and two bathrooms.

The floor plan gives each bedroom its own defined space, and the two bathrooms support that layout without one bedroom having to share. As the building is still under construction, finishes and fittings will follow the completion schedule rather than being available to view now.

Residents share access to a communal swimming pool within the gated complex, and the property sits close to the highway and close to local amenities, useful for day-to-day errands and getting around the wider Limassol area.

Germasogeia is a coastal municipality that adjoins the city of Limassol on Cyprus's southern coast, forming part of its continuous urban area rather than a separate standalone town. The built environment mixes low-rise apartment blocks with older housing stock along streets that run down toward the shoreline. Its coastal position means the Mediterranean is a defining feature of the area's character and daily rhythm.

For floor plans, the payment schedule, and construction updates ahead of the 2026 completion, contact Purple International Real Estate.