€ 595 000

€ 6 919 / 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. 37642

Bedrooms

Bathrooms

86 sq.m.

Square

Parameters

Property Description

For sale: modern penthouse apartment under construction in the popular area of Germasogeia. Offering a spacious internal area of 86 m², this property features two bedrooms and two bathrooms, designed for comfortable and practical living. With a private elevator entrance, you can enjoy privacy and direct access to your home at the top of the building.

The penthouse is part of a secure, gated complex with outstanding facilities. Residents will have access to a communal swimming pool, a well-equipped gym, and beautifully landscaped grounds. The apartment benefits from an energy efficiency rating of A, a central air conditioning system, and underfloor heating, providing comfort throughout the year. Large windows offer sweeping city views, bringing in plenty of natural light.

Germasogeia is a highly sought-after area known for its vibrant atmosphere, close proximity to local amenities, and easy access to the highway. The neighborhood combines modern living with convenience, making it an excellent choice for residents seeking a balance of work and leisure.

This apartment is scheduled for completion in 2026 and is advertised by Purple International Real Estate, your trusted partner for quality homes in the area. Contact us to learn more or to arrange a viewing.