€ 890 000

€ 10 854 / 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 Penthouse in Germasogeia, Limassol, Cyprus No. 55660

Bedrooms

Bathrooms

82 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

Located in Potamos Germasogeias one of the most sought after and most desirable residential areas In Limassol. Close to all amenities, 5 star hotels and resorts, restaurants, cafes and high street boutiques and within walking distance to the beach.