€ 420 000

€ 5 600 / 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 Germasogeia, Limassol, Cyprus No. 46368

Bedrooms

75 sq.m.

Square

Parameters

Property Description

This new residential complex in Germasogeia, Limassol consists of seven modern apartments with two- and three-bedroom layouts, including a duplex on the second floor. The top and final floor features a spacious apartment and a penthouse with a private roof garden. The location between the city and the seafront provides convenient access to essential infrastructure. Each apartment includes a covered parking space. The price includes installed air conditioners, underfloor heating, and solar panels with 2 kW capacity for power supply.

The main features of the project and the units:
• Seven modern apartments
• Two- and three-bedroom layouts
• Duplex on the second floor
• Spacious apartment on the top floor
• Penthouse with private roof garden
• Location between the city and the seafront
• Covered parking space for each apartment
• Installed air conditioners
• Underfloor heating
• Solar panels with 2 kW capacity

The project has an EPC certificate with “A” energy efficiency rating.