+ 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. 4969

1

Bedrooms

60 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: Beautiful apartments from 60 m2 with a diverse layout. The design of the apartments is thought out to the smallest detail: a spacious kitchen, a cozy sleeping area, modern bathrooms. On the upper floors there are penthouses with private pools and a panoramic terrace. Only 600 meters to the sea. There is Parking.

Advantages: 

• Tourist area, walking distance to the infrastructure of the city
• Controlled entrance to the complex
• Shared swimming pool
• Parking space and storage room for each apartment
• Electric vehicle charging point
• Penthouses with private pools and roof terraces
• Photovoltaic power generation system

Potamos Germasoi is considered one of the well-maintained areas of Limassol.It is famous for its hilly scenic area and the proximity of the azure coast of the Mediterranean Sea. This is a truly heavenly place to live, because everything you need is always at hand: restaurants, cafes, banks, shops, supermarkets..

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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