€ 810 000

€ 6 807 / 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%

3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 56309

Bedrooms

Bathrooms

119 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

A promising opportunity presents itself with this off-plan apartment for sale on the 1st- floor in Germasogeia. Boasting a spacious area of 119 square meters, this modern unit comprises 3 bedrooms and 3 bathrooms, along with a well-appointed kitchen and a comfortable living room. Additionally, it features covered verandas measuring 28 square meters, perfect for outdoor relaxation or entertaining guests. The apartment also includes the convenience of a closed parking space and air conditioning for added comfort. With an energy certificate rating of A, it ensures energy efficiency and reduced utility costs. Situated close to the sea, seaside attractions, a mall, and the city center, residents will enjoy convenient access to various amenities and entertainment options. Furthermore, this property offers additional amenities such as storage facilities, a common swimming pool, sauna, and gym, enhancing the overall living experience. Scheduled for delivery in June 2026, this apartment represents an excellent investment opportunity in a prime location.