€ 495 000

€ 6 188 / 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 Limassol, Cyprus No. 48703

Bedrooms

80 sq.m.

Square

Parameters

Property Description

Located in the peaceful eastern suburbs of Limassol, this new residential development offers a balanced combination of modern living, coastal proximity, and high-quality construction. Positioned in Germasogeia, near Potamos Germasogeia, the project provides quick access to the sea (only 5 minutes by car), the motorway (1.1 km), and key amenities such as supermarkets, pharmacies, and cafés just 400 meters away.

Designed for families and long-term residents, the project includes a limited collection of 10 apartments—eight standard units and two penthouses. Each apartment is crafted with attention to quality and comfort, supported by functional layouts and modern finishes.

The building structure is based on reinforced concrete, with external walls insulated by 8 cm thick extruded polystyrene, achieving an Energy Efficiency Class A certification. RABEL aluminum double-glazed windows enhance energy conservation, and high-end materials like HPL and ALUCOBOND® add to the visual appeal.

All apartments are finished with premium quality 120x60 cm ceramic tiles, ROCA sanitary ware, GROHE mixers, and melamine oak kitchen and bathroom fittings. Granite countertops are installed in kitchens and bathroom units. Interior and exterior lighting is supplied by DIMCO, and marble finishes are used for the staircase areas.

Parking gates are remotely controlled through Wi-Fi or personal access devices, while the pedestrian entrance can be managed individually from each apartment for added convenience and security.

The main features of the project and the units:

• Located in Germasogeia, Limassol
• 8 one- and two-bedroom apartments + 2 penthouses
• 5-minute drive to the beach (Dasoudi)
• 400 m to supermarket, pharmacy, and cafés
• 1.1 km from the motorway
• 9.8 km to City of Dreams Mediterranean resort
• Rooftop swimming pool and barbecue area
• Private roof gardens for penthouses
• Covered parking and storage rooms
• High-spec finishes with underfloor heating
• Reinforced concrete structure
• External walls with 8 cm thermal insulation
• Double-glazed aluminum windows by RABEL
• HPL and ALUCOBOND® cladding elements
• Premium ceramic tiles (120x60 cm)
• ROCA sanitary ware and GROHE taps
• Granite countertops in kitchens and bathrooms
• Melamine oak cabinetry
• DIMCO lighting throughout
• Marble-clad staircase
• Alarm system and CCTV surveillance
• Remote-controlled parking gates and pedestrian entrance
• Peaceful residential setting, ideal for long-term living