€ 395 000

€ 4 647 / 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. 50419

Bedrooms

Bathrooms

85 sq.m.

Square

Parameters

Property Description

This new residential development in Germasogeia, Limassol consists of a 12-unit building featuring a selection of two- and three-bedroom apartments. The project is designed to support modern living, offering practical homes suitable for both families and property investors.

The development provides a range of features aimed at everyday convenience and secure residential living. Each apartment includes high-quality kitchen appliances, private storage space and a dedicated parking area. The building also offers controlled access through a gated entrance and CCTV surveillance for added security.

The location provides convenient connectivity within the city. The property is situated approximately three minutes from the Germasogeia roundabout and about seven minutes by car from Dasoudi Beach.

The main features of the project and the units:
• 12-unit residential building
• Two- and three-bedroom apartments
• Located in Germasogeia, Limassol
• High-quality kitchen appliances
• Area for photovoltaic installation
• Electric car charging provision
• Private storage rooms
• Private parking spaces
• CCTV surveillance
• Gated entrance with access control
• Double-glazed windows
• Provision for air conditioning in all rooms
• 3 minutes to Germasogeia roundabout
• 7 minutes drive to Dasoudi Beach

The project has an EPC certificate with “A” energy efficiency rating.