€ 550 000

€ 7 079 / 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. 52880

Bedrooms

Bathrooms

77.7 sq.m.

Square

Parameters

Property Description

For sale: Modern off-plan apartment located in the sought-after area of Germasogeia. This first-floor property offers 77.7 square meters of internal space, thoughtfully designed with 2 comfortable bedrooms and 1 spacious bathroom. Situated within a low-rise building of only three floors, residents benefit from the convenience of an elevator.

The apartment is part of a secure, gated complex providing peace of mind and privacy. Residents will appreciate the city views and the abundance of natural light throughout the home. Energy efficiency class A ensures low running costs and comfort all year round. The property is sold unfurnished, offering you the chance to tailor your home to your taste.

Germasogeia is known for its vibrant yet peaceful atmosphere, blending easy access to the city's business and leisure facilities with a relaxed, residential feel. The area is close to the highway, making commuting simple, and all essential amenities are within easy reach, including shops, supermarkets, cafes, and schools.

This apartment represents an excellent opportunity for families, professionals, or investors. To learn more or arrange a viewing, contact Purple International Real Estate.

Features

Fast exit to the highway

City view

Plastic windows with double glazing

Thermal and sound insulation of walls

Balcony

Solar panel for water heating