€ 610 000

€ 5 701 / 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. 35198

Bedrooms

Bathrooms

107 sq.m.

Square

Parameters

Property Description

For sale: a modern apartment under construction in the sought-after area of Germasogeia. This property offers a spacious internal area of 107 m2, thoughtfully designed with comfort and style in mind. Situated on the second floor of a three-floor building with an elevator, this apartment ensures easy access and security within a gated complex.

The well-planned layout includes two bright bedrooms and two contemporary bathrooms. The open living and dining area flows seamlessly, creating a welcoming atmosphere for everyday living or entertaining guests. Underfloor heating runs throughout the apartment, providing cozy living during the cooler months.

Germasogeia is known for its blend of tranquility and vibrant lifestyle. The area features a range of shops, cafes, and services, along with easy access to main roads. Residents enjoy the balance of peaceful surroundings and convenient transport links, making it a highly desirable location for families and professionals alike.

Scheduled for completion in 2026, this apartment presents an exciting opportunity to own a brand-new, stylish home in a prime neighborhood. Contact Purple International Real Estate today to learn more about this remarkable property and arrange your viewing.