+ 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%

3 bedrooms Duplex in Germasogeia, Limassol, Cyprus No. 55060

3

Bedrooms

3

Bathrooms

120 sq.m.

Square

IV quarter, 2018

Completion date

Parameters

Property Description

Beautiful fully furnished and fully equipped 3 bedroom duplex is on 3 levels which gives the feel of a small house. It is located in a quiet residential neighbourhood in a gated complex with communal pool and is within walking distance to all amenities and the beach. Only a short distance to the city centre and has quick and easy access to the highway.

Features

Furnished

Furnished

New development project

New development project

Swimming pool

Swimming pool

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3 bedrooms Duplex in Germasogeia, Limassol, Cyprus No. 55060

3 bedrooms Duplex in Germasogeia, Limassol, Cyprus No. 55060

Features

Features

Furnished

Furnished

New development project

New development project

Outdoor features

Swimming pool

Swimming pool

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