+ 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%

1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 4937

1

Bedrooms

77 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A stunning new private apartment complex offering a modern and truly luxurious environment, located in the exclusive Columbia district of Limassol, in the heart of the most cosmopolitan place in Cyprus. Designed to feel like part of a vibrant city center, but with maximum privacy in mind, the complex offers a truly modern setting surrounded by serene landscaped gardens and recreation areas.

The apartments have kitchens and cabinets of individual design, granite countertops, travertine or granite floors, plumbing (Roca), faucets and taps (Grohe), mosquito nets on windows and patio doors, decorative ceilings with hidden lighting, pressure water supply system, solar panels for water heating.

This is a closed guarded complex, video surveillance in all common areas, a luxurious entrance group, an armored door, a video intercom system, decorative architectural LED lighting of common areas, an outdoor swimming pool, covered guarded parking, a separate storage room, thermal insulation around the perimeter.

More detailed information, layouts, specifications, live online and live screenings, individual selection of real estate, the possibility of buying remotely, support of bank transfers when buying real estate: whatsapp/viber/telegram.

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