+ 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. 55603

2

Bedrooms

2

Bathrooms

89 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

Apartment For sale, floor: 1st, in Germasogeia – Potamos Germasogeias. The Apartment is 89 sq.m.. It consists of: 2 bedrooms (2 Master), 2 bathrooms, 3 wc, 1 kitchens, 1 living rooms and it also has 1 parkings (1 Closed). The property was built in 2025. Its heating is Autonomous with Electricity, Underfloor heating, Air conditioning, Solar water system, Boiler, Sound insulation, Thermal insulation are also available, it has Alluminum frames, the energy certificate is: A+ and its floors are Tiles, Laminate. The property’s status is: Under construction, it is close to Transportation, Sea, it has City views view and it also has the following unique features and advantages: Window Screens, Storage, Swimming pool, Security door, Security cameras, Fire extinguishing system, Quiet neighborhood, Electric shutters. Price: €510,000. Century 21 Cyprus

Features

City view

City view

Electric shutters

Electric shutters

Floor heating in all rooms

Floor heating in all rooms

Private parking

Private parking

Swimming pool

Swimming pool

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2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55603

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55603

Features

Location

City view

City view

Features

Electric shutters

Electric shutters

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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