+ 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 Penthouse in Germasogeia, Limassol, Cyprus No. 54033

2

Bedrooms

1

Bathrooms

103 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

For sale: A modern 2-bedroom apartment on the 3rd floor, located in the sought-after area of Germasogeia – Chalomandres (Columbia). This under-construction property offers a total covered area of 103 sq.m. It features a spacious layout with one master bedroom, a full bathroom, and a closed private parking space. Designed for comfort and convenience, it includes air conditioning, energy efficiency rated A, and contemporary finishes. Residents will benefit from key amenities such as an elevator, storage room, and security camera system. Ideally positioned near the sea, schools, supermarkets, cafes, restaurants, local markets, and churches, it offers a balanced lifestyle in a vibrant neighborhood. Whether for personal living or investment, this apartment blends functionality with modern living standards in one of Limassol’s most desirable areas. Don’t miss the opportunity to own this stylish new home.
Delivery Date: June 2027

Features

Elevator

Elevator

Private parking

Private parking

School

School

Garden

Garden

Supermarket

Supermarket

Similar Property

675 000

2 Bedrooms

103 sq.m.

+ VAT

600 000

2 Bedrooms

103 sq.m.

+ VAT

620 000

2 Bedrooms

104 sq.m.

+ VAT

620 000

2 Bedrooms

104 sq.m.

+ VAT

2 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 54033

2 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 54033

Features

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

School

School

Garden

Garden

Supermarket

Supermarket

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