€ 595 000

€ 11 667 / 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%

1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 55992

Bedrooms

Bathrooms

51 sq.m.

Square

IV quarter, 2024

Completion date

Parameters

Property Description

Live the high life in this stunning high-end 1 bedroom apartment in the heart of Germasogeia.
Underfloor heating, VRV system, double-glazed windows, A-rated energy efficiency
Tiles and wood flooring throughout. This brand-new luxury development offers an unparalleled lifestyle, with incredible views and easy access to the park, seaside, and all of Germasogeia’s best amenities. Enjoy the ultimate in modern comfort and convenience, with features like window screens, electric appliances, a storage room, and a communal swimming pool . Plus, state-of-the-art security including a security door, CCTV, and alarm system will give you total peace of mind. If you’re seeking a bright, airy, and truly luxurious home, this is the one for you.