€ 380 000

€ 7 600 / 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%

1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 56497

Bedrooms

Bathrooms

50 sq.m.

Square

Parameters

Property Description

For sale is a modern one-bedroom apartment in the popular area of Germasogeia. This new property is currently under construction and will be ready in 2026. Situated on the 2nd floor of a four-storey building with an elevator, the apartment offers 50 square meters of comfortable living space. The layout includes a bright living room, an open-plan kitchen, one bedroom, and one bathroom. The apartment is offered unfurnished, allowing buyers to decorate to their own taste.

The complex is gated, providing added security and peace of mind. Residents will enjoy access to a large communal swimming pool, perfect for relaxation and leisure. The building has an energy efficiency rating of A, making it both sustainable and cost-effective.

Germasogeia is a vibrant area, known for its blend of tranquility and convenience. It is set close to the highway, allowing for easy travel, while shops, restaurants, and other amenities are just a short drive away. The neighborhood is popular with both locals and visitors thanks to its calm atmosphere and excellent services.

This property is advertised exclusively by Purple International Real Estate. Contact us today for more information or to arrange a viewing.