+ 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. 4966

1

Bedrooms

72 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Selection of apartments with 1, 2 and 3 bedrooms with an area of 72 m2 in a complex of 14 apartments:it offers a great combination of price-quality-location. Just 400 m from the sea and the famous eucalyptus grove of Dasudi, developed infrastructure - shops, banks, restaurants, pharmacies - everything is at hand!

• Convenient layouts and excellent finishing quality
• Interest-free installment payment for a year and a half
• The deadline is summer 2024
• Selection of apartments with 1, 2 and 3 bedrooms
• Area from 72 m2
• Swimming pool
• Well-kept garden
• Park
• Fenced area
• Built-in kitchen
• Built-in wardrobes in the bedrooms
• Double glazing
• High-quality natural materials
• Suitable for year-round living
• High rental potential
• Cost from 330,000 euros
• Suitable for obtaining permanent residence under the PR Fast Track program

More detailed information, layouts, specifications, availability of available apartments, live screenings and consultations: whatsapp/viber/telegram

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1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 4966

1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 4966

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