€ 720 000

€ 8 163 / 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 Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 37425

Bedrooms

Bathrooms

88.2 sq.m.

Square

Parameters

Property Description

For sale: Modern off-plan apartment in the sought-after area of Potamos Germasogeia. This spacious property offers an internal space of 88.2 m² and features two comfortable bedrooms and two stylish bathrooms. Situated on the second floor of a four-story building with elevator access, the apartment is ideal for those seeking convenience and contemporary living.

The apartment boasts an energy efficiency A rating, a central air conditioning system, and underfloor heating to keep you comfortable all year round. Large windows provide a lovely city view, filling the living space with natural light. The property comes unfurnished, allowing you to personalize your new home to your taste.

The gated complex offers impressive amenities, including a communal swimming pool and a fully-equipped gym, perfect for relaxing or staying active. Residents benefit from easy access to the highway and are within close reach of local shops, restaurants, and all everyday services.

Potamos Germasogeia is a popular and vibrant area recognized for its lively atmosphere, excellent infrastructure, and proximity to both the city and the coastline. This apartment is scheduled for completion in 2027 and represents a smart investment in a prime location. Advertised by Purple International Real Estate.