+ 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. 44082

3

Bedrooms

121 sq.m.

Square

Parameters

Property Description

The complex is located at an elevated location, nestled within beautiful surroundings and panoramic views. This gated building community consists of 4 blocks, all connected to a communal pool with a sun terrace and a playground, ensuring that both residents and visitors enjoy the spacious and welcoming atmosphere.

Designed with convenience in mind, this residential gated complex presents spacious 2 and 3 bedroom apartments with options for private gardens or rooftop terraces, along with underground parking and storage spaces for each apartment.

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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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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