€ 585 000

€ 5 625 / 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. 31038

Bedrooms

Bathrooms

104 sq.m.

Square

Parameters

Property Description

This second-floor apartment occupies the top level of a two-story building in Germasogeia, reached by elevator, with 104 square meters of internal space arranged into two bedrooms and one bathroom. The building is modern in design and currently under construction, with completion set for 2026.

The layout gives the two bedrooms and single bathroom a straightforward flow across the floor, suited to the finishes and fittings that will come with a newly built home.

The apartment sits within a gated complex that includes a communal swimming pool, and its position gives quick access to the highway, putting the wider Limassol area and daily amenities within easy reach.

Germasogeia is a coastal town adjoining Limassol on Cyprus's south coast, combining a traditional village core with newer low-rise apartment development along its edges. As a settlement of this size just outside Limassol, it carries the everyday amenities-shops, services, dining-that residents draw on regularly, while its coastal position keeps the sea close to daily life. The mix of established streets and newer construction gives the area a settled but still-developing character.

Completion is due in 2026, and reservations can be arranged ahead of that date. Contact Purple International Real Estate to discuss next steps and secure a viewing slot as construction progresses.