€ 555 000

€ 6 529 / 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. 56495

Bedrooms

Bathrooms

85 sq.m.

Square

Parameters

Property Description

For sale in the sought-after area of Germasogeia, this modern apartment offers an excellent opportunity to live in one of the most desirable neighborhoods. With a generous internal space of 85 m2, it features two comfortable bedrooms and two well-designed bathrooms. Located on the first floor of a four-storey building with an elevator, the apartment is part of a new development currently under construction, scheduled for completion in 2026.

The property is situated within a secure gated complex, giving residents peace of mind and access to a large communal swimming pool—perfect for relaxing or socializing. The building is designed to top energy efficiency standards, earning an A rating, which means lower utility costs and a reduced impact on the environment. The apartment is offered unfurnished, allowing you to personalize your living space from the start.

Germasogeia is known for its blend of tranquility and convenience, with easy access to the highway, making commutes simple. The area boasts a variety of amenities, including shops, cafes, and schools, all just a short distance away.

This property is advertised by Purple International Real Estate, your trusted partner for quality homes in Germasogeia. Contact us today to learn more.