1 bedroom Apartment in Germasogeia, Limassol, Cyprus No. 58770
1
Bedrooms
1
Bathrooms
50 sq.m.
Square
€ 250 000
€ 5 000 / sqm
+ VAT
+ 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.
Parameters
Property Description
A boutique residential building of ten homes in Germasogeia, in the north-eastern part of Limassol. The first and second floors hold one- and two-bedroom apartments with covered verandas, and one of the first-floor apartments has an additional uncovered terrace of 38 m². The third floor is given to two three-bedroom duplex penthouses with terraces of 140 and 170 m². Every home comes with a storage room and a covered parking space (two for the penthouses).
The main features of the project and the units:
• One- and two-bedroom apartments and three-bedroom duplex penthouses
• Covered verandas; penthouse terraces 140–170 m²
• Storage room for every home
• Covered parking (two spaces for the penthouses)
• Low-rise building of ten homes
• Milestone payment plan during construction
The project has an EPC certificate with "A" energy efficiency rating.
Features
Storage room
Car park
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