€ 650 000

€ 7 738 / 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. 32707

Bedrooms

Bathrooms

84 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

The apartment is located in a complex of 14 apartments surrounded by landscaped gardens, spacious terraces, recreation and entertainment areas. The apartment has underfloor heating, , parking space and storage room. Close to all amentias and only a short distance to the beach. This is a new modern complex designed for living off the coast, combines all the conditions for a Mediterranean lifestyle in an urban environment.