+ 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. 4975

2

Bedrooms

130 sq.m.

Square

Parameters

Property Description

Next is the automatic translation: A modern gated complex in the prestigious tourist area of Limassol, just 650 meters from the sandy beaches. The famous Dasudi Beach with eucalyptus park, taverns, cafes and a playground on the embankment are just a few steps away from the complex. The project consists of only six luxury 2 bedroom apartments and penthouses. The penthouses are equipped with private roof terraces with Jacuzzi.MAINADVANTAGES:

• Easy walking distance to Papas supermarket and eucalyptus park-Dassoudi beach (650 m);
• Famous finishing of Prime Elegance: marble in bathrooms, parquet floor with heating, VRV-air conditioning;
• Layouts that are ideal both for living and for earning income from renting;
• Penthouses with roof terraces with Jacuzzi (eyeliner)

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 130 m2
• Distance from the sea 650 m
• The deadline is the 3rd quarter of 2023
• 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. 4975

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 4975

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