€ 780 000

€ 9 398 / 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 Limassol, Cyprus No. 42078

Bedrooms

83 sq.m.

Square

Parameters

Property Description

This residential development is ideally located in the prestigious Germasogeia area of Limassol.

It offers 19 elegant apartments with one and two bedrooms, including 2 three bedroom penthouses featuring private rooftop terraces and their own swimming pools.

With contemporary architecture enriched by natural wood accents, expansive panoramic windows and open-plan layouts, the project creates a blend of light, privacy and sophistication.

Future residents will enjoy premium amenities such as covered parking, private storage rooms, a secure gated environment, a communal swimming pool, a modern fitness center and lush landscaped gardens with dedicated areas for relaxation and socializing.

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