€ 446 000

€ 5 126 / 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 Apartment in Germasogeia, Limassol, Cyprus No. 55702

Bedrooms

Bathrooms

87 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

This modern 2-bedroom apartment, located on the 1st floor in the desirable Germasogeia – Chalomandres (Columbia) area, offers 87 sq.m. of stylish living space. Currently under construction, it promises high-quality finishes and an energy-efficient design with an Energy Certificate rating of A. The property includes 1 bathroom, a closed parking space, air conditioning, and practical amenities such as storage and security cameras. Ideally situated close to the sea, local churches, public and local markets, supermarkets, cafes, and restaurants, this apartment offers both comfort and convenience. Perfect for residential living or investment.
Delivery Date: June 2027