€ 968 000

€ 8 067 / 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 Penthouse in Germasogeia, Limassol, Cyprus No. 55914

Bedrooms

Bathrooms

120 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

For sale a stylish 3 bedroom penthouse located in Germasogeia village, offering a comfortable living space of 122m² with an additional 40m² of covered verandas, 13.6 m2 covered garden, and 110m2 roof garden. This 4th floor penthouse apartment boasts high-quality ceramic tile flooring throughout the living, dining areas, bedroom, and corridors, with an option for natural pre-varnished wood parquet. The kitchen, bathroom, and veranda are also fitted with premium ceramic tiles. The apartment features imported kitchen fixtures, wardrobes, and internal doors, with a pre-fitted kitchen, split-unit air conditioning, underfloor heating, and an electric water heater with a pressure system. Security is enhanced with video entry-controlled entrance doors, and the building includes photovoltaic panels supplying power to common areas and penthouses. Additional conveniences include a private parking space, provisions for electric car charging, and a security alarm system.
The development’s common areas are elegantly designed with marble or high-quality ceramic tiles, monitored by CCTV for added security. Residents enjoy easy access to the property through electrically operated gates and can take advantage of luxurious amenities, such as a communal outdoor swimming pool, BBQ area, children’s playground, and beautifully landscaped gardens.