+ 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. 47190

2

Bedrooms

85 sq.m.

Square

Parameters

Property Description

This elegant four-storey residential development is located in the heart of Germasogeia, one of Limassol’s most desirable and fast-growing areas. Combining refined architecture, contemporary aesthetics, and a sense of understated luxury, the project features twelve exclusive apartments designed for those who appreciate quality, privacy, and sophisticated urban living.

Each apartment offers a functional and spacious layout with internal areas ranging from 66 to 86 m² and covered verandas up to 27 m². Large windows fill the interiors with natural light, while the penthouses on the top floor include private roof gardens with serene views, providing ideal outdoor retreats. The combination of elegant finishes, ergonomic design, and a minimalist character creates a timeless residential atmosphere.

Located in a peaceful yet well-connected neighborhood, the development offers immediate access to Limassol’s main attractions, including international schools, shopping centers, restaurants, and the seafront, making it an excellent choice for both homeowners and investors.

Residents can also enjoy a range of thoughtful amenities that enhance everyday comfort and convenience, including a landscaped garden, children’s play area, surveillance and firefighting systems.

The main features of the project and the units:
• 4-storey residential building
• 12 exclusive apartments
• 2-bedroom layouts
• Internal areas from 66 to 86 m²
• Covered verandas up to 27 m²
• Penthouses with private roof gardens
• Private parking and individual storage room
• Elegant interiors with premium finishes
• Landscaped garden and children’s play area
• Surveillance and firefighting systems
• Quiet and centrally located neighborhood in Germasogeia
• Close to international schools, shops, and the seafront

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

Features

Storage room

Storage room

Car park

Car park

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Verified property

2 bedrooms Apartment in Limassol, Cyprus No. 36830

489 000

2 Bedrooms

2 Bathrooms

85 sq.m.

+ VAT

489 000

2 Bedrooms

85 sq.m.

+ VAT

Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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