€1,600,000
Apartment in Germasogeia Tourist Area, Limassol
Features
- Air Conditioning
- Elevator
- Balcony
- Parking
- Pool
- Storage Room
- Solar Panels
- Elevator
- Storage
- Gated complex
- Solar water heater
- Aircondition
- Central system
- Parking
- Covered
- Pool
- Communal
- Next to green area
- Guest WC
- Quiet area
- Ceramic tiles
- Rental potential
- En suite shower
- Sea view
- Walking distance to beach
- Near bus
Property description
Beautifully renovated 3 Bedroom Apartment with unobstructed sea view, only 50 meters away from one of the best shores of Limassol. The apartment is located in one of the most popular and demanded areas of Limassol (Germasogeia tourist area), because of its proximity to all amenities (supermarkets, shops, restaurants, cafes, pharmacies, hotels, and more). Moreover, the apartment is situated in a peaceful and serene spot with easy access to the centre of Limassol and the highway. Apartment features: • 3 Bedrooms (1 ensuite master bedroom with sea view). • 2 bathrooms and a guest toilet with a separate shower • Spacious living room with dining area • Spacious separate kitchen • 144 sqm of internal covered area • 50 sqm of covered and uncovered verandas (2 huge verandas with sea views). • Fully renovated in 2022 with high-quality materials that will last • Fully furnished with top-quality Italian furniture • A/Cs in every room (3x18000 BTU, 2x16000 BTU, 1x9000 BTU) • Kitchen with quartz – only Bosch and Siemens kitchen appliances • Underground private parking for tenants • Solar heating & Electric water heater • Stainless steel solar water tank 350 litres • Water pressure pump • Soundproof and heatproof, high-quality aluminium • Shutters and mosquito nets on every window • Double glazed windows • Loads of hidden storage places • Underground private parking for tenants • Extra uncovered parking spaces • Extra secure doors The owner lives overseas and will only come if a serious buyer exists.
Location
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Mortgage calculator
Estimate monthly payments, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
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Mortgage calculator for this property
Estimate the loan, deposit, Land Registry fees, VAT treatment, and bank affordability checks for this listing.
Recommended max LTV: 80%. Cyprus banks commonly finance up to 80% of the property value for an owner-occupied primary residence.
Resale property selected. VAT is estimated at €0 and transfer fees may apply because VAT is generally not payable on resale properties.
First-time buyer status is informational only here; it does not change the payment, transfer fees, stamp duty, or mortgage registration estimate.
Reduced 5% VAT depends on a main-residence declaration, property size/value limits, and Tax Department eligibility.
Use only if the planning-permit and declaration deadlines apply.
- Transfer fees are estimated at 3%, 5%, 8% bands, then 50% reduced when VAT is not paid.
- Transfer fees are estimated from purchase price and VAT treatment only; buyer ownership status does not change them here.
- No transfer fee is estimated when VAT applies to the transaction under current Land Registry practice.
- Mortgage registration is estimated at 1% of the mortgage amount.
- Stamp duty is shown as €0 because stamp duty was abolished for agreements from 1 January 2026.
- ID/passport, proof of address, tax details, and source-of-funds evidence.
- Recent payslips, employment contract, accounts for self-employed buyers, and bank statements.
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Estimates are indicative only and do not constitute financial advice or a lending offer. Actual lending decisions, fees, VAT treatment, and affordability assessments depend on the individual bank, the Tax Department, the Department of Lands and Surveys, and the buyer's personal circumstances.
