€ 550 000

€ 9 821 / 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%

1 bedroom Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 31068

Bedrooms

Bathrooms

56 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

ID

31068
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

1
Floor

1

Bathrooms

1
Square

56 sq.m.
Veranda area

14 sq.m.
To sea

500 m
Completion date

IV quarter, 2024
Completed

No

Property Description

Luxury residential complex in central Limassol, in a privileged and quite neighborhood of the tourist area, approximately half a kilometer from the seafront. The building reaches up to 4 storeys in height. The buildings are set around the landscaped garden, located in the center of the project. The design is influenced by elements from both the natural and man-made world. Wide horizontal bands form continuous balustrades that wrap around the blocks at each level, emphasizing the horizontal nature of the development. The residents will enjoy the privacy of the gated compound with outdoor pool, gym and covered parking.

Features

Veranda

Landscaped garden