Rosewood Residence in Germasogeia, Limassol, Cyprus No. 7146
50
ID7146
Developer Prime Property
Ongoing projects
Total
Contact the seller
DevelopmentRosewood Residence
CityGermasogeia
TypeDevelopment
Offer your price
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.