+ 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. 41266

2

Bedrooms

95 sq.m.

Square

Parameters

Property Description

Nestled in the heart of Germasogeia, Limassol, this gated complex features two architecturally identical buildings.

The project offers a selection of 1, 2 and 3-bedroom apartments, as well as four bedroom penthouses with private roof terraces.

Residents can enjoy the swimming pool or children’s pool as well as the fully equipped gym.

Other facilities:

• Private parking
• Private storerooms
• Sundeck and lounge.

The Project has EPC certificate with "A" Energy Efficiency Rating.

Features

Storage room

Storage room

Car park

Car park

Common area with pool

Common area with pool

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IV quarter, 2026

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575 000

2 Bedrooms

95 sq.m.

+ VAT

575 000

2 Bedrooms

95 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

Common area with pool

Common area with pool

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