€ 481 000

€ 8 745 / 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. 35230

Bedrooms

Bathrooms

55 sq.m.

Square

Parameters

Property Description

For sale: A modern, under-construction apartment in the desirable Potamos Germasogeia area. This one-bedroom, one-bathroom home offers an internal space of 55 m2, thoughtfully designed for comfortable living. Located on the second floor of a five-storey building with an elevator, the property is perfect for singles or couples seeking a contemporary lifestyle.

Potamos Germasogeia is a vibrant neighborhood known for its blend of comfort and convenience. Residents enjoy easy access to local shops, restaurants, and other amenities, all within a short distance. The area is also close to the highway, making travel to other parts of the city smooth and fast.

The apartment will be completed in 2027 and is part of a secure, gated complex offering excellent facilities. Residents can enjoy underfloor heating throughout the winter, as well as access to a communal swimming pool and a modern gym for a healthy, active lifestyle.

This property represents a fantastic opportunity to own a home in one of the most sought-after areas. For more information or to arrange a viewing, please contact Purple International Real Estate.