+ 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. 56084

1

Bedrooms

1

Bathrooms

51.7 sq.m.

Square

IV quarter, 2028

Completion date

Parameters

Property Description

Modern 1-Bedroom Apartment for Sale – Columbia Area, Germasogeia
A great opportunity to own a modern off-plan 1-bedroom apartment in the prestigious Columbia (Chalomandres) area of Germasogeia, one of Limassol’s most desirable residential locations.
Located on the 2nd floor, the apartment offers a total covered area of 51.70 sq.m. and features 1 comfortable bedroom and 1 modern bathroom. The open-plan living and kitchen area is bright and functional, enjoying beautiful sea, panoramic, and city views .
The apartment is designed with quality and efficiency in mind, featuring underfloor heating, Energy Efficiency Certificate A, and modern finishes throughout . The property also includes 1 covered parking space and a private storage room.
Residents benefit from excellent amenities such as a swimming pool , elevator, and enhanced security with CCTV and security cameras . The building is set in a quiet neighborhood, while remaining within close proximity to the sea, city center, cafés, restaurants, and local markets .
• Price: €292,252
• An ideal choice for a stylish city home or a high-demand investment property in Germasogeia.

Features

City center

City center

Sea view

Sea view

City view

City view

Panoramic view

Panoramic view

Floor heating in all rooms

Floor heating in all rooms

Elevator

Elevator

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1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 56084

1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 56084

Features

Location

City center

City center

Sea view

Sea view

City view

City view

Panoramic view

Panoramic view

Features

Floor heating in all rooms

Floor heating in all rooms

Indoor facilities

Elevator

Elevator

Private parking

Private parking

Outdoor features

Swimming pool

Swimming pool

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