€ 1 345 200

€ 11 117 / 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%

3 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 5925

Bedrooms

Bathrooms

121 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

A luxuriously designed and furnished 3 bedroom apartment, that consists of an open plan kitchen with a dining room, en-suite bathroom in the main bedroom. It is within a walking distance to the sea, shops and amenities. The apartment is on the 13th floor of a 25 story building, that promises beautiful view as of the city/sea so as of the mountains. A great investment opportunity, in a quiet area build in a high demand area, as for locals as for foreign investors. The residence will provide a dedicated concierge, and private amenities such as gym, tennis court, a spa, and a kids entertainment room.
Delivery Date: April 2025