€ 2 589 801

€ 16 817 / 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. 33170

Bedrooms

Bathrooms

154 sq.m.

Square

Parameters

Property Description

Fifth floor apartment available for sale in Germasogeia, currently under construction. This spacious unit spans 154 sq.m. and comprises 3 bedrooms, 3 bathrooms, 1 kitchen, and 1 living room, along with 1 closed parking space and covered verandas 36 sq.m. Air conditioning is provided, and the property boasts an energy certificate rating of A.
Conveniently located near the sea, seaside amenities, a mall, and the city center, this apartment offers easy access to various facilities. Additional features include storage space, a swimming pool, security door, CCTV surveillance, a security alarm, and a fire extinguishing system.
This property presents an excellent opportunity for those seeking a modern, well-appointed residence in a sought-after area.