4 bedrooms Apartment in Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 57823

Bedrooms

Bathrooms

194 sq.m.

Square

€ 8 700 000

€ 44 845 / 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%

Parameters

Property Description

Panoramic sea views frame this modern penthouse in Potamos Germasogeia, offering 194 m2 of internal living space.

Direct elevator access leads into the interior, delivered fully furnished with an energy efficiency rating of A. The layout organizes four bedrooms and four bathrooms alongside open living areas. Underfloor heating runs throughout, supported by a central air-conditioning system.

An outdoor jacuzzi sits against the open horizon. The residence is situated within a gated complex that provides a communal swimming pool and a gym.

Potamos Germasogeia forms the eastern coastal district of Limassol. Low-rise residential buildings and hotels line the waterfront, with Dasoudi beach extending along the shore. Supermarkets, pharmacies, cafes, and restaurants operate along the main avenue. Limassol center lies immediately to the west.

Completion is scheduled for 2028. Contact Purple International Real Estate to arrange a presentation.