€ 550 000

€ 9 874 / 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 Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 58275

Bedrooms

Bathrooms

55.7 sq.m.

Square

Parameters

Property Description

For sale is a modern, off-plan apartment with an internal space of 55.7 m², located on the third floor of a four-story building with an elevator. The apartment features one spacious bedroom, one bathroom, and boasts an energy efficiency rating of A. Thoughtfully designed, it includes underfloor heating, a central AC system, and large windows that offer pleasant city views.

The property is situated in Potamos Germasogeia, a highly desirable area known for its blend of peaceful residential streets and easy access to the lively city atmosphere. Residents can enjoy walking distance to numerous shops, cafes, and essential services. The neighborhood is also conveniently close to the highway, making commuting simple and efficient. The area is well-known for its modern lifestyle and relaxed environment.

Set within a gated complex, residents will benefit from a range of communal facilities, including a swimming pool and a fully equipped gym. The apartment is offered unfurnished, giving you a blank canvas to create your perfect home. Completion is scheduled for 2027.

This property is advertised exclusively by Purple International Real Estate. Don't miss this excellent opportunity to invest in a prime location with outstanding amenities.