€ 446 000

€ 5 068 / 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. 35986

Bedrooms

Bathrooms

88 sq.m.

Square

Parameters

Property Description

For sale: An attractive under-construction apartment located in the desirable area of Germasogeia. This spacious property offers 88 m² of internal living space, thoughtfully designed with two comfortable bedrooms and two modern bathrooms. Situated on the first floor of a three-story building with a convenient elevator, the apartment is perfectly suited for both couples and families.

The home features energy efficiency class A, ensuring reduced running costs and a comfortable living environment year-round. It is sold unfurnished, allowing you to personalize the space to your own taste and style. The property is within a secure, gated complex and enjoys a city view.

Germasogeia is a well-known residential area, highly regarded for its safe surroundings, contemporary infrastructure, and close proximity to all necessary amenities such as shops, restaurants, schools, and banks. The neighborhood is popular for its balanced lifestyle, blending peaceful living with easy access to the vibrant city center.

Don't miss this opportunity to own a brand-new apartment in a prime location. For more details or to arrange a viewing, contact Purple International Real Estate today.