€ 400 000

€ 6 897 / 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. 36049

Bedrooms

Bathrooms

58 sq.m.

Square

Parameters

Property Description

For sale is a modern one-bedroom apartment currently under construction in the sought-after area of Potamos Germasogeia. With a covered internal space of 58 m2, this apartment is designed for comfortable and practical living. The layout includes one bedroom, one bathroom, an open-plan kitchen and living area, and high-quality finishes. The apartment is unfurnished, giving you the chance to style your new home to your preferences.

Located within a secure gated complex, residents have access to premium facilities, including a communal swimming pool and a well-equipped gym. Underfloor heating ensures warmth and comfort during the cooler months. The building features an elevator for easy access.

Potamos Germasogeia is known for its vibrant atmosphere, combining the convenience of city life with beautiful views and proximity to the coast. The area is popular for its restaurants, shops, and entertainment options, and it offers easy access to the main highway, making commuting simple.

Don't miss the opportunity to own a property in one of the region's most desirable areas. This listing is brought to you by Purple International Real Estate. Contact us today for more information or to arrange a site visit.