€ 2 560 000

€ 13 389 / 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%

3 bedrooms Duplex in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 4691

Bedrooms

Bathrooms

191.2 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

ID

4691
Type

Duplex
Status

Off-plan
Veranda type

Covered
Bedrooms

3
Floor

1

Bathrooms

3
Square

191.2 sq.m.
Veranda area

41 sq.m.
To sea

500 m
Completion date

IV quarter, 2026
Completed

No

Property Description

Luxury residential complex in central Limassol, in a privileged and quite neighborhood of the tourist area, approximately half a kilometer from the seafront. The buildings are set around the landscaped garden and reaches up to 4 storeys in height. MAJOR BENEFITS:- landmark architecture from one of London’s leading architects;- 500 meters from sandy beach and city amenities of Limassol’s tourist area;- internal infrastructure: outdoor pool, indoor pool, gym, sauna, lounge, kids club, covered parking, large landscaped gardens;- penthouses with private pools;- high ceilings (3.15 m);- high standard finishes (parquet floors, high doors of 2.4 m, security entrance doors, thermal aluminum window frames, top standard in-built furniture, and sanitary ware);- water underfloor heating and VRV air conditioning.