€ 1 818 000

€ 2 287 / 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%

8 bedrooms Building in Germasogeia, Limassol, Cyprus No. 56003

Bedrooms

Bathrooms

795 sq.m.

Square

IV quarter, 2022

Completion date

Parameters

Property Description

Residential Building For sale in Germasogeia. The Residential Building is 795 sq.m. and it is located on a plot of 519 sq.m. It consists of 4 apartments, all of which are 2 bedroom apartments. The property was built in 2022. Some of its features include: air conditioning, alluminum frames with Double glazed windows, the energy certificate is: B+ and all flooring is tiles, electric appliances are included, and storage rooms. The building offers stunning sea and city views, and is situated in a tranquil, residential neighbourhood, just a few minutes away from the highway and Limassol’s most reowned commercial roads.