€ 845 000

€ 6 602 / 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 Germasogeia, Limassol, Cyprus No. 37643

Bedrooms

Bathrooms

128 sq.m.

Square

Parameters

Property Description

For sale is a stunning penthouse apartment under construction with a spacious internal area of 128 m2. This modern home offers three comfortable bedrooms and two stylish bathrooms. Enjoy the convenience of private elevator access directly to your door, providing privacy and ease. The property is designed for modern living with an energy efficiency rating of A, central air conditioning, and underfloor heating throughout.

The penthouse is part of a secure gated complex that includes fantastic residents' facilities such as a communal swimming pool and a fully equipped gym. Floor-to-ceiling windows offer plenty of natural light and sweeping city views.

Located in the popular Germasogeia area, you'll benefit from close proximity to the highway for easy travel and a range of local amenities including shops, cafes, schools, and restaurants. Germasogeia is well known for its vibrant community, beautiful surroundings, and convenient access to both city attractions and the coast.

Scheduled for completion in 2026, this property combines comfort, security, and a modern lifestyle. For more information, contact Purple International Real Estate.