€ 550 000

€ 5 585 / 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. 37782

Bedrooms

Bathrooms

98.47 sq.m.

Square

Parameters

Property Description

For sale: A modern off-plan apartment in the sought-after area of Potamos Germasogeia. This property offers an internal space of 98.47 m², thoughtfully designed with two spacious bedrooms and two contemporary bathrooms. Located on the 1st floor of a 3-story building with an elevator, it provides easy and comfortable access for residents.

Potamos Germasogeia is a thriving neighborhood known for its peaceful environment and convenient lifestyle. The area features a variety of shops, restaurants, and cafes, making it an ideal place for both relaxation and everyday living. With close proximity to the highway, traveling to surrounding areas is quick and hassle-free. All essential amenities are within a short distance, ensuring everything you need is close at hand.

The apartment is built to high standards with energy efficiency rated A, providing comfort and savings on utility bills. Underfloor heating throughout ensures a cozy atmosphere year-round. This is an excellent opportunity to secure a quality home in a desirable location.

To find out more about this exceptional property, contact Purple International Real Estate today.