€ 385 000

€ 7 264 / 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. 36499

Bedrooms

Bathrooms

53 sq.m.

Square

Parameters

Property Description

For sale: A modern one-bedroom apartment under construction, offering 53 m2 of comfortable internal space. Located on the first floor of a four-story building with convenient elevator access, this property is ideal for singles, couples, or investors seeking a smart, low-maintenance home.

Inside, you'll find an open-plan living area, a spacious bedroom, and a contemporary bathroom. The apartment features underfloor heating, ensuring comfort during the cooler months. Large windows invite natural light, creating a bright and inviting atmosphere.

Situated in Potamos Germasogeia, a sought-after and vibrant neighborhood known for its blend of tranquility and urban lifestyle. The area offers easy access to a wide range of amenities, including supermarkets, cafes, restaurants, and entertainment options. Beautiful beaches and scenic walking paths are only a short distance away, making it one of the best places to enjoy both relaxation and convenience.

This promising new home is being offered by Purple International Real Estate. Take the opportunity to secure a property in Potamos Germasogeia and enjoy the benefits of modern living in a desirable location. Contact us today for further details.