€ 950 000

€ 7 364 / 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%

3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55786

Bedrooms

Bathrooms

129 sq.m.

Square

Parameters

Property Description

This fabulous 3 bedroom apartment is located in Potamos Germasogeia, enjoying panoramic sea views. The property is located close to all kinds of amenities and is a walking distance to the beach. The building consists of 5 apartments of 3 and 4 bedrooms and in the center of the complex, there is a common swimming pool, fitness room, and sauna. The apartment has a smart home system, underfloor heating, and VRV air conditioning. The floors in the living room and bedroom are tiled with quality marble, granite with mosaic, and wooden parquet. It includes a parking space and storage. Beautifully landscaped gardens surround the whole area.