+ 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. 4933

2

Bedrooms

112 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: ONYX Residence is a new premium residential complex in the Germasoia area, Limassol. The project includes 16 premium class apartments in a thriving area, a central location in the heart of the tourist area of Limassol, where there is a lively life, incredible shops and an endless variety of upscale restaurants of Limassol. Exquisite penthouses with their own spa and spacious terraces will allow you to spend unforgettable evenings in a closed circle, find business partners or close friends.

• Property type: apartments
• Number of bedrooms: 2-3
• Area from 112 to 145 m2
• Closed guarded territory with parking
• Swimming pool, relaxation area and SPA
• Modern elegant design and first-class materials
• Ergonomic spaces
• Spacious rooms with panoramic windows
• High ceilings
• Built-in kitchen with granite work surface
• Ergonomic sanitary ware from leading European brands
• Built-in wardrobes in the bedrooms
• Fire-resistant entrance door with modern locking system
• White interior doors
• Balcony doors (height: 2.40 m) and windows (height: 1.4 m)aluminum profile with double glazing and thermal insulation. Glass balcony balustrades
• Built-in wardrobes in the bedrooms. Chipboard and white matte finish
• High quality laminate flooring in all bedrooms, living rooms and dining areas
• Painted walls in warm shades of gray and white ceilings to create any desired style
• Built-in kitchen (2.60 m)
• Work surfaces and apron: granite
• Kitchen cabinet doors: grey semi-matt,laminated MDF, with closers
• Modern VRV-air conditioning system and pre-installed engineering system for underfloor heating (water-based) in all rooms
• Hot water supply is provided by energy-efficient solar panels, as well as electric heating. Photo-electric system reduces household expenses
• Plumbing fixtures, faucets and accessories from leading European brands

Cost from 585 thousand euros + VAT

More detailed information, layouts, additional photos, videos, live screenings and consultations: whatsapp/viber/telegram

 

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