+ 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. 43996

2

Bedrooms

82 sq.m.

Square

Parameters

Property Description

А residential complex that offers you the best of both worlds: the tranquillity of nature and the convenience of urban living.

The complex will consist of 4 blocks with their own unique design and features, 20 m. swimming pool, kids' playground and green area.

Located on the hills, this residence is giving you a breathtaking view of the horizon, sea and the cityscape.

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

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