2 bedrooms Apartment in Germasogeia, Cyprus No. 82829

ID82829
$ 544 497
Property description
This 2-bedroom duplex is housed in a small new-build block of only four 2-bedroom units in Germasogeia, one of the most desirable locations in Limassol. The quiet residential neighbourhood is only 2km from the nearest organized sandy beach. All everyday amenities from banks and supermarkets to shops and restaurants are less than 1km from the property. In addition, easy access to the highway makes it an ideal base for commuters or regular travelers, as it is midway between the two airports in Larnaca and Pafos, both around 50km away.The duplex configuration covers two floors: The ground floor is dedicated to two bedrooms, each with its own ensuite bathroom, while the first floor features an open-plan living and dining area with discreet guest WC, and a fully fitted and equipped kitchen.
The building is marked by its contemporary, simple lines, and every aspect of design, construction and finishing is geared towards quality and comfort in an urban Mediterranean environment: Elegant entrance lobby, bright interiors, cool superior finishing materials, double glazed windows, ample fitted kitchen cabinets and appliances as well as built-in bedroom wardrobes.
Solar heating and split unit air-conditioning are fully installed, while comfortable verandas with partial view of the sea are an essential component of the Mediterranean lifestyle that this block offers. For each unit there is a designated underground parking space, and the building provides an additional ground floor parking spot for the disabled. A communal roof terrace on the third floor offers residents a place to meet and enjoy the uninterrupted sea view, and a cool escape for evenings under the stars.
The combination of prime location, urban comfort and accessibility makes this duplex a convenient base in the cosmopolitan coastal town of Limassol. Buyers interested in real estate for investment purposes will recognize the potential of the block as a property with broad appeal in both the local and expatriate market, for long-term as well as holiday rental. This property is also recommended for buyers seeking eligibility for the residency by investment scheme.
Reference number: 5552
Property area: 113 m2
Type: Apartment
Floor: Ground floor
Condition: Brand new
Included: Elevator
Energy Efficiency: N/A
Bedrooms: 2
Square meter price: €4.451 /m2
Bathrooms: 3:
The combination of prime location, urban comfort and accessibility makes this duplex a convenient base in the cosmopolitan coastal town of Limassol. Buyers interested in real estate for investment purposes will recognize the potential of the block as a property with broad appeal in both the local and expatriate market, for long-term as well as holiday rental. This property is also recommended for buyers seeking eligibility for the residency by investment scheme.
Reference number: 5552
Property area: 113 m2
Type: Apartment
Floor: Ground floor
Condition: Brand new
Included: Elevator
Energy Efficiency: N/A
Bedrooms: 2
Square meter price: €4.451 /m2
Bathrooms: 3:
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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.