€ 530 000

€ 9 282 / 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. 36415

Bedrooms

Bathrooms

57.1 sq.m.

Square

Parameters

Property Description

For sale: This modern, under-construction apartment offers 57.1 m2 of well-designed internal space. The property features one bedroom and one bathroom, perfect for individuals or couples seeking a comfortable and stylish home. Located on the first floor of a four-story building with elevator access, this home offers full convenience and accessibility.

Enjoy the benefits of underfloor heating for year-round comfort. Residents can also make use of the communal swimming pool and gym, ideal for a healthy lifestyle. The building's thoughtful layout ensures privacy while maximizing natural light throughout the apartment.

Nestled in the vibrant area of Potamos Germasogeia, the apartment provides easy access to a variety of amenities including shops, cafes, and restaurants. This sought-after neighborhood is known for its relaxed atmosphere, modern conveniences, and beautiful surroundings, making it a desirable place to live.

Scheduled for completion in 2026, this property presents an excellent opportunity for a first home or investment. Contact Purple International Real Estate today for further information or to arrange a viewing.