€ 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. 36987

Bedrooms

Bathrooms

96 sq.m.

Square

Parameters

Property Description

For sale: A spacious 3-bedroom, 2-bathroom apartment currently under construction in the popular area of Potamos Germasogeia. This property offers a total internal space of 96 square meters, making it ideal for families or those seeking extra room. The apartment is situated on the second floor of a three-story building with a modern elevator for easy access.

Potamos Germasogeia is a well-known coastal neighborhood famous for its vibrant but peaceful atmosphere. It offers a great mix of city living and natural surroundings, with easy access to beautiful beaches, trendy cafes, shops, and essential services. The location is highly sought after by both locals and international residents.

This apartment is part of a private gated complex, ensuring safety and privacy for residents. Its elevated position provides lovely city views, adding to the sense of space and comfort. All essential amenities are located nearby, making daily life convenient and enjoyable.

This is a rare opportunity to secure a new home in one of the area's finest locations. For more information or to arrange a viewing, please contact Purple International Real Estate.