+ 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. 55460

2

Bedrooms

2

Bathrooms

85.44 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Modern 2-Bedroom Apartment for Sale – Germasogeia
Completion: October 2026
A beautifully designed 2-bedroom apartment located on the 1st floor of a contemporary residential development in the sought-after area of Agia Paraskevi, Germasogeia.
Part of a boutique building of only 8 apartments across 4 floors, this project offers privacy, modern design, and a high standard of construction. With the development already 70% completed, buyers benefit from reduced construction risk while still securing an off-plan opportunity.
The apartment features 85.44 m² of internal space and a total covered area of 132.62 m², including spacious verandas that extend the living areas and provide a perfect setting for outdoor relaxation.
Key Features:
2 bedrooms
2 bathrooms
Bright open-plan living and kitchen area
Large covered verandas
Modern architectural design
High-quality construction
Located in a quiet residential neighborhood, yet just minutes from the highway, city center, schools, supermarkets, and the seafront, this property offers the perfect balance between tranquility and accessibility.
An excellent choice for both permanent residence and investment, in one of Limassol’s most desirable residential areas.
• Contact Century 21 Cyprus for availability and further details.

Features

City center

City center

Sea view

Sea view

City view

City view

Panoramic view

Panoramic view

New project

New project

Supermarket

Supermarket

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2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55460

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55460

Features

Location

City center

City center

Sea view

Sea view

City view

City view

Panoramic view

Panoramic view

Features

New project

New project

Outdoor features

Supermarket

Supermarket

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