€ 1 070 000

€ 12 588 / 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%

2 bedrooms Apartment in Germasogeia, Limassol, Cyprus No. 8085

Bedrooms

Bathrooms

85 sq.m.

Square

Parameters

Property Description

Completed in 2023 and ready for immediate occupation, this two-bedroom apartment in Germasogeia offers 85 square meters of modern living space, with two bedrooms and two bathrooms giving the layout genuine flexibility rather than a single open run.

The apartment sits within a gated complex served by an elevator, where residents share use of a swimming pool and a gym. The building's location places everyday amenities within easy reach, so shopping and services do not require a long trip.

Germasogeia sits on the southern coast of Cyprus and forms part of the greater Limassol area, with a built environment that mixes low-rise residential blocks with hotel development closer to the seafront. The Germasogeia River runs through the area, and the coastal setting shapes a landscape of gentle terrain running down toward the water. For someone living here, it means a setting that is both established and close to the wider amenities of a coastal city, without being in its dense center.

A viewing is the next step to see how the space and the building's shared facilities work in person. Contact Purple International Real Estate to arrange one.