+ 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. 55788

3

Bedrooms

3

Bathrooms

127 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Apartment For sale, floor: 3rd, 4th (2 Levels), in Germasogeia. The Apartment is 127 sq.m.. It consists of: 3 bedrooms (2 Master), 3 bathrooms, 3 wc, 2 kitchens, 1 living rooms and it also has 1 parkings (1 Closed). The property was built in 2024. Its heating is Personal with Electricity, Air conditioning, Boiler, Sound insulation, Thermal insulation are also available, it has Alluminum frames, the energy certificate is: A and its floors are Tiles. The property’s status is: Under construction, it has Mountain, Nature, Openness view. The Apartment is Penthouse, Bright, Airy and it also has the following unique features and advantages: Window Screens, Storage, Swimming pool, Garden, Security door, CCTV, Security cameras, Internet, Quiet neighborhood. Price: €520,000. Century 21 Cyprus

Features

Mountain view

Mountain view

Beautiful view

Beautiful view

Internet

Internet

New project

New project

Private parking

Private parking

Garden

Garden

Similar Property

495 000

3 Bedrooms

127 sq.m.

+ VAT

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3 bedrooms Apartment in Strovolos, Nicosia, Cyprus No. 54466

495 000

3 Bedrooms

3 Bathrooms

IV quarter, 2026

127 sq.m.

+ VAT

480 000

3 Bedrooms

127 sq.m.

+ VAT

450 000

3 Bedrooms

127 sq.m.

+ VAT

3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55788

3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 55788

Features

Location

Mountain view

Mountain view

Beautiful view

Beautiful view

Features

Internet

Internet

New project

New project

Indoor facilities

Private parking

Private parking

Outdoor features

Garden

Garden

Swimming pool

Swimming pool

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