€ 385 000

€ 7 000 / 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. 36500

Bedrooms

Bathrooms

55 sq.m.

Square

Parameters

Property Description

For sale: Modern 1-bedroom apartment under construction in the desirable area of Potamos Germasogeia. With an internal space of 55 m², this apartment offers a comfortable and stylish living environment perfect for singles or couples. Designed with convenience in mind, it features one spacious bedroom and a modern bathroom.

Located on the first floor of a four-story building with an elevator, this property ensures easy access. High-quality underfloor heating adds to your comfort year-round. Residents can enjoy a beautiful communal swimming pool, ideal for relaxing and socializing.

Potamos Germasogeia is a sought-after location known for its mix of tranquility and vibrant living. The area offers shops, cafes, restaurants, and easy access to beaches and public transport. It's a popular choice for those who want to be close to all daily amenities while enjoying a peaceful atmosphere.

This exceptional property is brought to you by Purple International Real Estate, offering a wonderful opportunity to own a new home in one of the area's most well-connected neighborhoods. Contact us today for more information or to arrange a viewing.