€ 1 175 000

€ 10 398 / 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. 8417

Bedrooms

Bathrooms

113 sq.m.

Square

Parameters

Property Description

Completed in 2023 and ready for immediate key handover, this 113 square meter apartment occupies the first floor of a six-story gated complex in Germasogeia, Cyprus, with elevator access.

The apartment holds three bedrooms and two bathrooms within its 113 square meters, giving a layout suited to everyday use without wasted space. The finish throughout is modern, consistent with the building's 2023 completion.

The complex is gated and includes a communal swimming pool and a gym, both shared among residents. The property is also close to amenities, putting daily errands within easy reach.

Germasogeia sits on Cyprus's southern coast, adjoining the city of Limassol as one of its coastal districts. The built fabric there is largely made up of low- and mid-rise apartment buildings, developed alongside hotels and tourist facilities along the coastal strip. Living here means a setting shaped by that coastal, largely residential and tourism-oriented character, with the sea never far from view of the street.

Contact Purple International Real Estate to arrange a viewing.