+ 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 Penthouse in Germasogeia, Limassol, Cyprus No. 4612

3

Bedrooms

4

Bathrooms

815.73 sq.m.

Square

II quarter, 2025

Completion date

Parameters

Property Description

A magnificent project in the heart of an exclusive high end area that offers an opulent lifestyle with tranquility and serenity. Each luxurious apartment is created to be enriched by your vision, using floor to ceiling windows looking out to breathtaking views of the vibrant city and neighbouring hills as your backdrop. Experience a comfortable sophisticated home kitted out with those homely touches and well thought out details. Each apartment provides an intelligent and functional design that inspires that feeling of pure luxury. All the residences welcome you with contemporary gourmet quality kitchen layouts, living and dining areas designed perfectly for food preparation and entertainment and bathrooms and toilets complemented with indulgent sanitary ware. Finding a pocket of calm at is a must, relax and enjoy a sauna or relieve your stress through exercise at the fully equipped gym followed by a breath of fresh air on your veranda overlooking stunning views of your bustling locale.

Similar Property

595 000

3 Bedrooms

3 Bathrooms

3 Floor

II quarter, 2023

346.47 sq.m.

+ VAT

2 260 000

4 Bedrooms

5 Bathrooms

5 Floor

224.6 sq.m.

+ VAT

3 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 4612

3 bedrooms Penthouse in Germasogeia, Limassol, Cyprus No. 4612

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