€ 395 000

€ 7 182 / 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. 36411

Bedrooms

Bathrooms

55 sq.m.

Square

Parameters

Property Description

For sale: Modern one-bedroom apartment under construction in the sought-after area of Potamos Germasogeia. This well-designed home offers 55 m² of internal space on the first floor of a five-story building with a convenient elevator. The apartment features one comfortable bedroom, a stylish bathroom, and an open-plan living area filled with natural light.

Potamos Germasogeia is a vibrant neighborhood known for its lively atmosphere and blend of relaxation and convenience. Residents enjoy easy access to sandy beaches, trendy cafes, shops, and supermarkets, all within a short walk. The area is also well-connected to the city center and major roadways, making it an ideal place for both leisure and everyday living.

This apartment is part of a secure, gated complex with excellent facilities, including a communal swimming pool and a fully equipped gym. Underfloor heating adds a touch of luxury and comfort throughout the year. The expected completion of this modern building is in 2027, ensuring high-quality construction and the latest finishes.

For more details or to arrange a viewing, contact Purple International Real Estate. This property offers an outstanding opportunity for those seeking a stylish new home or a valuable investment in a prime location.