€ 1 600 000

€ 10 811 / 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. 55733

Bedrooms

Bathrooms

148 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

It is situated in a well-established area, of high demand as all necessary amenities on your fingertips.
Open layout rooms with an open-plan kitchen and a living room a luxurious three-bedroom penthouse, each bedroom with its own bathroom. The roof garden has space for a lounge area for cool and relaxing evenings by the seven meters pool.
The residence’s idea is based and inspired by the coastal lifestyle, where it provides the ultimate comfort, but also supports one’s well-being, with a Gym, equipped with top-line equipment.
A great choice for families which enjoy the fast-paced city life among multicultural individuals and a fast advance/developing coastal city of Limassol.