+ 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%

4 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 53995

4

Bedrooms

2

Bathrooms

137 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Apartment for Sale in Germasogeia
Modern apartment in Germasogeia, spanning 137 sq.m. with 36 sq.m. covered verandas, 17 sq.m. uncovered verandas and 69 sq.m. roof Garden. It features 3+1 bedrooms, 2 bathrooms, a kitchen, a spacious living room, and 1 closed parking space. The apartment includes double-glazed windows, tiled floors, and an energy efficiency certificate rated A.
Currently under construction, the property offers city views and is conveniently located near the sea and city center. Additional features include a storage area, making it an ideal choice for comfortable living. Perfect for those seeking proximity to urban conveniences and coastal attractions.
Delivery Date: June 2027

Features

City center

City center

City view

City view

Private parking

Private parking

Garden

Garden

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4 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 53995

4 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 53995

Features

Location

City center

City center

City view

City view

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

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