€ 589 000

€ 5 949 / 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. 51061

Bedrooms

Bathrooms

99 sq.m.

Square

Parameters

Property Description

For sale: Modern 2-bedroom apartment currently under construction in Germasogeia. With an internal space of 99 m2, this home offers two spacious bedrooms and two stylish bathrooms. Situated on the second floor of a five-story building with elevator access, it is designed for comfortable, everyday living.

Enjoy a bright and airy open plan with large windows overlooking the sea. This apartment includes a central air conditioning system and underfloor heating, making each season comfortable. The gated complex provides security, and residents have access to a communal swimming pool and a well-equipped gym.

Germasogeia is a vibrant area known for its relaxed lifestyle, safe neighborhoods, and proximity to the coast. The location offers a blend of peaceful residential streets and easy access to shops, restaurants, schools, and other amenities. Everything you need is just a short walk or drive away, making it ideal for both families and professionals.

This is a great opportunity to invest in a growing area with modern facilities and beautiful sea views. For more information or to book a viewing, contact Purple International Real Estate.