€ 700 000

€ 8 403 / 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%

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 56226

Bedrooms

83.3 sq.m.

Square

Parameters

Property Description

For sale: A modern 2-bedroom apartment on the 2nd floor in Germasogeia, offering a comfortable living space of 83.30 sq.m. on a total plot of 143.30 sq.m. This under-construction property is designed with high-quality materials and boasts an energy efficiency rating of A.
The apartment features a spacious layout with stylish interiors, ensuring a cozy and functional living environment. It includes a closed parking space for added convenience. Situated in a prime location, it is close to the sea, seaside attractions, schools, supermarkets, the city center, and various cafes and restaurants, making it ideal for both residence and investment. Additionally, with direct access to the highway, commuting is effortless.
Perfect for those seeking a modern home in a sought-after area, this property offers a blend of comfort, accessibility, and future value. Don’t miss the opportunity to own this exceptional apartment in Germasogeia!