+ 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. 55422

2

Bedrooms

2

Bathrooms

86 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Apartment for sale on the 4th floor in Germasogeia.
This modern off-plan apartment offers 86 sq.m. of comfortable living space and 32 sq.m. roof garden. It features 2 spacious bedrooms and 2 bathrooms, perfect for a small family or investment.
The property includes 1 covered parking space, underfloor heating for year-round comfort, and an energy efficiency rating of A.
Located close to the sea, it also comes with great extras such as an elevator, storage room, security door, and solar panels.
A stylish and energy-efficient home in a great location!
Delivery date: April 2028

Features

Solar panel for water heating

Solar panel for water heating

Floor heating in all rooms

Floor heating in all rooms

Elevator

Elevator

Garden

Garden

Similar Property

490 000

2 Bedrooms

86 sq.m.

+ VAT

490 000

2 Bedrooms

86 sq.m.

+ VAT

490 000

2 Bedrooms

86 sq.m.

+ VAT

490 000

2 Bedrooms

86 sq.m.

+ VAT

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55422

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55422

Features

Features

Solar panel for water heating

Solar panel for water heating

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Elevator

Elevator

Outdoor features

Garden

Garden

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