+ 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. 4956

2

Bedrooms

125 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: The new apartment complex is located in a prestigious location, in the center of the tourist area of Limassol, where life boils, the best shops and an endless variety of high-class restaurants. The Mediterranean lifestyle is easy in this city. The project consists of 3 blocks; each block has 14 luxurious spacious apartments and 2 penthouses with private pools. Its amenities are not just additional accessories, but also well-designed spaces necessary to create a unique lifestyle. Every detail has been carefully thought out to bring the best of Mediterranean life into the house, with comfort and style. This stunning city and its sought-after area, surrounded by endless panoramic sea views, is an example of resort life at its best. Each apartment and penthouse is distinguished by a thoughtful, efficient and functional design thanks to a creative approach and dedication. 

EACH OBJECT IS RENTED WITH A FIRST-CLASS FINISH IN THE AUTHOR'S STYLE:

• Parquet board;
• Marble floors and walls in toilets and bathrooms;
• High ceilings (3.15 m);
• High-security entrance doors;
• Video intercom;
• Water floor heating and central air conditioning system;
• High-quality plumbing from well-known European brands;
• Thermo-aluminum window frames;
• First-class kitchen sets and wardrobes from European manufacturers;

NOTE: Furniture, household appliances and interior items are not included in the price of the property - this is an example of a ready-made interior in the commissioned objects of the developer to understand the quality of construction and finishing

• Property type    apartments
• Number of bedrooms   2-3
• Number of units    2
• Area     from 125 m2
• Distance from the sea 500 m
• Completion date - 1st quarter 2025
• Interest-free installment payment until the end of construction
• Swimming pool
• Indoor parking
• Garden
• Closed area
• Suitable for permanent residence
• Suitable for rental
• Suitable for permanent residence
• Installment payment until the end of construction

 

More detailed information about the availability of apartments, layouts, videos, additional photos, prompt consultations and screenings: whatsapp/viber/telegram

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2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 4956

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