+ 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 Penthouse in Germasogeia, Limassol, Cyprus No. 55800

3

Bedrooms

2

Bathrooms

110 sq.m.

Square

IV quarter, 2021

Completion date

Parameters

Property Description

This exquisite penthouse apartment is part of a complex of luxurious apartments beyond compare. The complex consists of two buildings with high privacy standards and limited availability as each building have only 7 apartments. It is located in the heart of the tourist area of Limassol – Potamos Germasogeia, near Papas supermarket and is only a short walking distance from the sea. Whilst at the same time it has easy access to Limassol’s main streets and direct access to all possible amenities you might need. Amenities from luxury boutiques, shops, historical sites, first-class restaurants and all types of entertainment.
The penthouse enjoys the leisure of a private pool on the roof top as well as very spacious outside areas. The sea and city views from the roof garden are amazing. The apartment comes fully furnished and has spacious living areas with high ceilings, which in turn, makes living much more comfortable. The kitchens and bathrooms are equipped with the finest and most expensive materials, while the interior design of the whole apartment is what someone might describe as – spectacular. Walking inside the apartments you will find the large covered verandas that are ideal for family gatherings and even a barbeque session with friends. Moreover, the bedrooms are designed in such a way to give a spacious experience, and at the same time, the large wardrobes simply make life easier. The gated landscaped area and superior of the complex make the apartments ideal for families. Not to mention the stunning common pool which is ideal for the summer heat of Cyprus.

Features

First sea line

First sea line

Sea view

Sea view

City view

City view

Alarm system

Alarm system

Furnished

Furnished

Private parking

Private parking

Similar Property

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3 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 55812

1 000 000

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2 Bathrooms

IV quarter, 2021

110 sq.m.

810 000

3 Bedrooms

110 sq.m.

+ VAT

790 000

3 Bedrooms

110 sq.m.

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3 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 55800

3 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 55800

Features

Location

First sea line

First sea line

Sea view

Sea view

City view

City view

Features

Alarm system

Alarm system

Furnished

Furnished

Indoor facilities

Private parking

Private parking

Outdoor features

Barbecue area

Barbecue area

Pets allowed

Pets allowed

Swimming pool

Swimming pool

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