€ 651 000

€ 5 471 / 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. 35989

Bedrooms

Bathrooms

119 sq.m.

Square

Parameters

Property Description

For sale: An under-construction apartment in the desirable area of Germasogeia. This spacious home offers 119 square meters of internal space, featuring three comfortable bedrooms and two modern bathrooms. Positioned on the second floor of a three-story building with an elevator, this apartment is perfect for families or professionals.

Germasogeia is well known for its pleasant atmosphere and excellent lifestyle. The area is highly sought after, close to shops, restaurants, schools, and all daily conveniences. A vibrant yet relaxing place to live, Germasogeia also provides quick access to the city center, beautiful beaches, and green spaces.

The apartment will be delivered unfurnished, allowing you to add your personal touch. Energy efficiency class A ensures excellent insulation and lower utility bills. Enjoy peace of mind in a gated complex with security features and a panoramic city view from your windows.

This property is offered exclusively by Purple International Real Estate. If you are seeking a quality home in a prime location, contact us today for more information.