€ 469 700

€ 8 540 / 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. 35226

Bedrooms

Bathrooms

55 sq.m.

Square

Parameters

Property Description

For sale is a modern one-bedroom apartment located in the desirable area of Potamos Germasogeia. This property is under construction and is set within a secure gated complex, promising a high standard of living with completion scheduled for 2027. The apartment offers a practical internal space of 55 m², featuring one spacious bedroom and one bathroom, making it ideal for singles or couples. Positioned on the first floor of a five-story building with elevator access, it offers both convenience and comfort.

Potamos Germasogeia is a sought-after residential area known for its blend of tranquil surroundings and easy access to local amenities. Residents enjoy the benefit of being close to a variety of shops, cafes, and restaurants. The location also provides quick access to the highway, which makes commuting simple and fast.

The complex offers quality facilities such as a communal swimming pool, a modern gym, and underfloor heating for year-round comfort. Secure living is guaranteed in this gated community, making it a perfect choice for those seeking both privacy and a vibrant lifestyle.

This property is proudly advertised by Purple International Real Estate. Contact us today to learn more or to schedule a viewing.