€ 5 317 500

€ 18 724 / 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%

4 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 5919

Bedrooms

Bathrooms

284 sq.m.

Square

Parameters

Property Description

Created by enthusiasts and carefully designed penthouse of 4 bedrooms, within a walking distance to the coastal line of Limassol, on the 23rd floor of a 25 story building, promising breathtaking views of the coast, Limassol city, and the mountains. The residence was created in such manner to bring elegance and a luxurious feeling to its residents. The Penthouse includes a walk in closet in the main bedroom, bright and spacious rooms, and a private roof garden. The residents will also have the pleasure to enjoy leisure’s services within the residence permits such as spa, relaxation room, gym, tennis court and other. It is located in a quiet highly demand area