€ 770 000

€ 7 404 / sqm

+ 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. 55209

Bedrooms

Bathrooms

104 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

This apartment is situated within an exclusive complex of 18 residences, surrounded by beautifully landscaped gardens, spacious terraces, and dedicated recreation and entertainment areas. The property features underfloor heating, a private parking space, a storage room, and access to a communal swimming pool. Conveniently located close to all amenities and just a short distance from the beach, this contemporary development is designed for modern coastal living, combining all the elements of a Mediterranean lifestyle within an urban setting.