€ 990 000

€ 8 319 / 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. 37010

Bedrooms

Bathrooms

119 sq.m.

Square

Parameters

Property Description

For sale off plan, this spacious 3-bedroom, 2-bathroom apartment offers 119 m² of comfortable living space on the first floor of a modern 5-storey building with elevator. Designed with energy efficiency A, the home includes central air conditioning, underfloor heating, and quality finishes throughout.

The property is situated in a secure, gated complex with a communal swimming pool and well-maintained outdoor areas, providing both privacy and peace of mind for residents. The open-plan living area is bright and airy, leading onto a covered balcony with beautiful views of the sea. Large windows fill the space with natural light, while the layout offers practicality and comfort for families and professionals alike.

Located right on the seafront in the sought-after area of Potamos Germasogeia, residents enjoy direct access to sandy beaches, as well as proximity to shops, restaurants, cafes, and essential services. Potamos Germasogeia is known for its vibrant yet relaxed atmosphere, making it ideal for those seeking a balance between city living and a tranquil coastal lifestyle.

For more information or to arrange a viewing, contact Purple International Real Estate.