€ 989 000

€ 8 854 / 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%

3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 52882

Bedrooms

Bathrooms

111.7 sq.m.

Square

Parameters

Property Description

For sale is a spacious off-plan apartment in Germasogeia, offering comfortable modern living. This top floor unit comes with an internal space of 111.7 m2, thoughtfully laid out with three bedrooms and two bathrooms, ideal for families or those seeking extra room. The building provides the added convenience of an elevator and is nestled within a secure, gated complex.

The apartment's elevated position allows for beautiful city views, all while enjoying a high standard of energy efficiency (Class A). With the property offered unfurnished, it provides a blank canvas to create your dream home.

Germasogeia is a sought-after area known for its peaceful atmosphere and blend of city life with natural surroundings. Residents benefit from quick access to the highway, making commutes simple and efficient. A wide range of amenities—including shops, cafes, and schools—are just moments away, ensuring all your daily needs are close at hand.

This property presents a unique opportunity to invest in an off-plan apartment in one of the region's most popular neighborhoods. Contact Purple International Real Estate today to learn more or arrange a viewing.