€ 1 700 000

€ 15 179 / 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. 56234

Bedrooms

Bathrooms

112 sq.m.

Square

Parameters

Property Description

High rise sophisticated apartment enjoying majestic views, with extensive upmarket services and facilities.
Positioned in the fastest-growing and most sought-aﬅer area of the Cyprus coast, right at the heart of the ultimate lifestyle experience, close by nightclubs, top-class international restaurants, local tavernas, intimate bars, legendary beach clubs that offer warm breezes and cool drinks and along with a selection of upmarket shops and boutiques, some of the country’s top hotels, spas and fitness centers. Excellent property choice for those who are seeking for a valuable investment,