€ 1 100 000

€ 10 891 / 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. 56292

Bedrooms

Bathrooms

101 sq.m.

Square

IV quarter, 2021

Completion date

Parameters

Property Description

Step into luxury living with this 2-bedroom gem perched on the 18th floor, offering jaw-dropping views of Limassol’s entire coastline. Set in one of the city’s most stunning towers, this apartment is not just a home but a lifestyle. Dive into the perks of ownership with access to top-notch amenities including a gym, spa, and tennis court. Experience the epitome of coastal living in this breathtaking abode. NO VAT