+ 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. 55300

2

Bedrooms

1

Bathrooms

85 sq.m.

Square

IV quarter, 2022

Completion date

Parameters

Property Description

Elevate your living experience with a stunning 2-bedroom penthouse, just 300m from the beach, fully equipped, furnished, and featuring a roof garden. High ceilings, a common swimming pool, and captivating sea views enhance the allure of this exceptional property.
READY TO MOVE IN!
Indulge in luxury living, explore the option to acquire the entire top floor, featuring a mix of 1 to 3-bedroom and 2-bedroom apartments with 270sqm covered area, each complemented by its own rooftop oasis.

Features

City center

City center

Sea view

Sea view

City view

City view

Internet

Internet

Solar panel for water heating

Solar panel for water heating

Furnished

Furnished

Similar Property

Verified property

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 24411

695 000

2 Bedrooms

1 Bathrooms

IV quarter, 2022

85 sq.m.

725 000

2 Bedrooms

85 sq.m.

+ VAT

730 000

2 Bedrooms

2 Bathrooms

85 sq.m.

+ VAT

675 000

2 Bedrooms

85 sq.m.

+ VAT

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55300

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55300

Features

Location

City center

City center

Sea view

Sea view

City view

City view

Features

Internet

Internet

Solar panel for water heating

Solar panel for water heating

Furnished

Furnished

Outdoor features

Garden

Garden

Park

Park

Swimming pool

Swimming pool

Supermarket

Supermarket

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