€ 875 000

€ 7 384 / 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 Potamos tis Germasogeias, Germasogeia, Limassol, Cyprus No. 4547

Bedrooms

Bathrooms

118.5 sq.m.

Square

III quarter, 2024

Completion date

Parameters

ID

4547
Type

Apartment
Status

Off-plan
Veranda type

Covered
Bedrooms

3
Floor

2

Bathrooms

3
Square

118.5 sq.m.
Veranda area

23 sq.m.
To sea

700 m
Completion date

III quarter, 2024
Completed

No

Property Description

The luxury gated residential complex is located at the heart of Limassol’s tourist area Germasogeia, with 700 meters proximity to the sea and the famous eucalyptus park Dassoudi. The complex consists of only five luxury 2- and 3-bedroom apartments and one 3-bedroom luxury penthouse, delivered with high end taste. Residents will enjoy in-door amenities, such as common swimming pool and spacious parking. Parquet floors, marble floors and walls in bathrooms, expensive kitchen cabinets and wardrobes, provisions for central VRV air-conditioning and under floor heating are only part of the extensive list of features the units will have. The penthouse enjoys spacious roof gardens with private pools and breathtaking city panoramas.

Features

Veranda

Car park

Swimming pool