€ 737 000

€ 7 520 / 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. 6723

Bedrooms

Bathrooms

98 sq.m.

Square

IV quarter, 2022

Completion date

Parameters

Property Description

This apartment is in a new and modern complex which consists of 1,2 and 3 bedroom apartments, located just 800 meters from the sea-front. Built with high-quality materials and minimal aesthetics combining luxury and comfort. The apartment enjoys spacious and bright living areas and verandas, and a communal pool. Conveniently located close to all sorts of amenities and only a short distance from the city center.