€ 460 000

€ 5 111 / 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%

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 37223

Bedrooms

Bathrooms

90 sq.m.

Square

Parameters

Property Description

For sale: This brand new 2-bedroom, 2-bathroom apartment is under construction in the popular area of Germasogeia. With a comfortable internal space of 90 square meters, this modern apartment is on the first floor of a two-story building with elevator access. The property boasts a highly efficient A energy rating and features a central air conditioning system for year-round comfort.

Germasogeia is a sought-after location, known for its blend of quiet residential streets and easy access to city conveniences. The area offers a wide range of amenities including shops, restaurants, and schools. It is close to the highway, making commuting to nearby areas quick and convenient. Residents will enjoy lovely city views and a relaxing atmosphere.

The apartment is part of a secure gated complex that offers excellent facilities, including a communal swimming pool and a well-equipped gym. The development is designed for comfortable and safe living, ideal for families or professionals.

This property is exclusively advertised by Purple International Real Estate, offering you a great opportunity to invest in a fast-developing neighborhood. Contact us for more information or to arrange a viewing.