+ 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. 53783

2

Bedrooms

2

Bathrooms

90 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment for Sale in Germasogeia
Located in the sought-after area of Germasogeia, this off-plan second floor apartment offers contemporary living with high-end amenities. Spanning 90 sq.m., it features an additional 25 sq.m. of covered verandas and 4 sq.m. of uncovered verandas. The property includes 2 spacious bedrooms, 2 modern bathrooms, a sleek kitchen, and a bright living room.
Designed for comfort, it comes with air conditioning, double-glazed windows, and elegant tile flooring. The apartment boasts an energy efficiency certificate of Class A. Residents can enjoy premium communal facilities, including a swimming pool, landscaped garden, gym, and children’s playground. A photovoltaic system ensures energy efficiency.
Conveniently situated near the sea and city center, this apartment provides easy access to urban amenities while maintaining a tranquil atmosphere. A closed parking space and an elevator add to the convenience. This is an excellent investment opportunity in a prime location.
Delivery Date: March 2028

Features

City center

City center

Solar panel for water heating

Solar panel for water heating

Private Gym

Private Gym

Elevator

Elevator

Private parking

Private parking

Garden

Garden

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2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 53783

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 53783

Features

Location

City center

City center

Features

Solar panel for water heating

Solar panel for water heating

Indoor facilities

Private Gym

Private Gym

Elevator

Elevator

Private parking

Private parking

Outdoor features

Garden

Garden

Swimming pool

Swimming pool

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