+ 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%

12 bedrooms Building in Germasogeia, Limassol, Cyprus No. 5986

12

Bedrooms

6

Bathrooms

568 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

Contemporary New Residential Building (Six 2-Bedroom Apartments) for Rent in one of the most popular areas of Limassol-Potamos Germasogia.
Internal area of each apartment is 77 sqm plus 20sqm covered veranda. The apartment offers contemporary minimalistic design, made with high quality materials. Every apartment is fully equipped end furnished, features open plan kitchen and living area, master bedroom with en-suite bathroom, family bathroom.
2 top floor penthouses with beautiful views. Provisions for the electrical heating, air conditioning system, photovoltaic panels for the whole building. Property is situated in the quiet residential neighbourhood with the wonderful view of the city, mountains and the sea.
Walking distance to the beach, all amenities of Kolonakiou, also easy access to the centre of the city and the highway.
The property is offered unfurnished, if tenant wishes to have furniture it can be discussed for a different price.
Also the apartments can be rented separately for €3000 p/m each. Property will be available from end of December, 2023.

Features

Mountain view

Mountain view

Sea view

Sea view

City view

City view

Internet

Internet

Solar panel for water heating

Solar panel for water heating

Kitchen Appliances

Kitchen Appliances

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+ VAT

12 bedrooms Building in Germasogeia, Limassol, Cyprus No. 5986

12 bedrooms Building in Germasogeia, Limassol, Cyprus No. 5986

Features

Location

Mountain view

Mountain view

Sea view

Sea view

City view

City view

Features

Internet

Internet

Solar panel for water heating

Solar panel for water heating

Kitchen Appliances

Kitchen Appliances

New project

New project

Outdoor features

Garden

Garden

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