€ 575 000

€ 6 686 / 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. 37640

Bedrooms

Bathrooms

86 sq.m.

Square

Parameters

Property Description

For sale: A modern 2-bedroom, 2-bathroom apartment currently under construction in the sought-after area of Germasogeia. Offering 86 m2 of internal space, this property is located on the first floor of a two-story building with elevator access. Designed for comfort and contemporary living, the apartment features a central air conditioning system, underfloor heating, and large windows with a pleasant city view.

The building is part of a secure, gated complex and provides excellent shared facilities, including a communal swimming pool and gym. The property has received an energy efficiency rating of A, ensuring lower energy consumption and a more sustainable lifestyle. Construction is scheduled for completion in 2026.

Germasogeia is a vibrant area known for its balance between lively city life and tranquil suburban charm. It offers easy access to the highway, making commuting simple and convenient, while being close to essential amenities such as shops, cafes, and schools.

This exclusive listing is presented by Purple International Real Estate. Contact us for more information or to book a viewing of your future home in one of the most desirable neighborhoods.