€ 450 000

€ 4 500 / 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. 53507

Bedrooms

Bathrooms

100 sq.m.

Square

IV quarter, 2022

Completion date

Parameters

Property Description

Located in the prestigious area of Germasogeia, This 2 bedroom fully furnished and equipped apartment offers modern living in a peaceful residential neighbourhood. The contemporary building consists of only 6 apartments and is situated next to a beautiful 2,500 m² municipal park. With supermarkets, pharmacies, schools, banks, and other everyday amenities just minutes away, this property combines comfort & convenience, Only a short distance from the sea. With quick and easy access to the highway. (Ready title deeds)