+ 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. 58244

3

Bedrooms

2

Bathrooms

115 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

New 3-bedroom, 1st-floor apartment located in the Columbia area, within a small boutique building of only 5 units. The apartment has a covered area of 115 sqm and offers a practical, modern layout with a high level of privacy and quiet. Located close to private schools, local amenities, restaurants, cafés and the beach, making it a convenient option for both professionals and families. The property will be key-ready from the first week of September and will be semi furnished with all electrical appliances and air conditioning included.

Features

Kitchen Appliances

Kitchen Appliances

New development project

New development project

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3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 58244

3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 58244

Features

Features

Kitchen Appliances

Kitchen Appliances

New development project

New development project

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