€ 360 000

€ 3 333 / 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 Germasogeia, Limassol, Cyprus No. 4963

Bedrooms

108 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: In one of the most desirable and attractive areas of Limassol - Colombia - we offer a choice of 2-bedroom apartments with an area of 108 m2 (of which the apartment is 87 m2 + 21 m2 covered balcony). Each apartment has its own Parking space, storage room. The complex consists of 6 apartments and has a closed fenced area, a swimming pool and a garden. It is located in a quiet prestigious area surrounded by residential buildings and villas within walking distance from the sea, just a 5-minute walk from the tourist area of Germassoia with its long sandy beach and promenade.

The house is ideally located within walking distance from the city infrastructure and beaches, has easy access to the motorway, is an excellent choice for permanent year-round living, as well as for recreation or renting.

Modern design, convenient layout, high-quality construction and finishing materials - all this is combined in a new complex suitable for obtaining permanent residence under the accelerated PR Fast Track scheme.

On each of the three floors of the building there are two double apartments with three bathrooms (the master bedroom has a bathroom suite with a shower, a shared bathroom with a bathtub and a separate guest bathroom). Both bedrooms are equipped with fitted wardrobes. The kitchen will be equipped with cabinet furniture and electrical appliances.

The penthouse apartments on the third floor have their own swimming pool and roof garden.

• Number of bedrooms 2
• Number of bathrooms 3
• Built-in kitchen with appliances
• Built-in wardrobes in the bedrooms
• Equipped bathrooms
• Swimming pool
• Parking space
• Storeroom
• Closed territory
• Area from 108 m2
• Cost from 360,000 euros
• Suitable for permanent residence

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