+ 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%

1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 54404

1

Bedrooms

1

Bathrooms

50.9 sq.m.

Square

Parameters

Property Description

This modern 1-bedroom apartment, located on the 1st floor in Germasogeia, is a fantastic investment opportunity. With a spacious area of 83.30 sq.m., it is situated on a 142 sq.m. plot and offers comfortable living in a prime location. The property is currently under construction, giving you the chance to personalize it to your preferences. It features a closed parking space and boasts an energy-efficient A-rating. The apartment’s strategic location places it within easy reach of the sea, seaside, schools, supermarkets, cafes, restaurants, and the city center, ensuring convenience for daily life. Additionally, the property is directly accessible from the highway, providing easy commuting options. Whether you’re looking for a new home or a profitable investment, this apartment offers a blend of comfort, practicality, and proximity to essential amenities.

Features

City center

City center

First sea line

First sea line

Private parking

Private parking

School

School

Supermarket

Supermarket

Similar Property

170 000

1 Bedrooms

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+ VAT

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51 sq.m.

+ VAT

165 300

1 Bedrooms

51 sq.m.

+ VAT

165 000

1 Bedrooms

1 Bathrooms

51 sq.m.

+ VAT

1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 54404

1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 54404

Features

Location

City center

City center

First sea line

First sea line

Indoor facilities

Private parking

Private parking

Outdoor features

School

School

Supermarket

Supermarket

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