€ 620 000

€ 6 458 / 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%

3 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 36986

Bedrooms

Bathrooms

96 sq.m.

Square

Parameters

Property Description

For sale is a modern apartment under construction in the sought-after area of Potamos Germasogeia. This spacious property features 96 m2 of internal space, thoughtfully designed with three well-sized bedrooms and two bathrooms. The apartment is located on the first floor of a three-storey building, and an elevator provides easy access for all residents.

Nestled in a secure gated complex, this home offers peace of mind and a sense of community. The bright living areas enjoy city views, creating a welcoming environment for families and professionals. Residents will appreciate being close to a wide range of amenities, including shops, restaurants, and schools, all within a short distance. Potamos Germasogeia is known for its relaxed atmosphere, lovely green spaces, and convenient access to city attractions, making it an ideal location for comfortable living.

If you are looking for a modern home in a prime location, this apartment is an excellent choice. Contact Purple International Real Estate today to learn more about securing this property.