€ 420 000

€ 4 230 / 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 Penthouse in Ypsonas, Limassol, Cyprus No. 26286

Bedrooms

Bathrooms

99.3 sq.m.

Square

II quarter, 2024

Completion date

Parameters

ID

26286
City

Cyprus
Type

Penthouse
Status

Off-plan
Veranda type

Covered
Bedrooms

2
Floor

4

Bathrooms

2
Square

99.3 sq.m.
Veranda area

21 sq.m.
To sea

6 km
Completion date

II quarter, 2024
Completed

No

Property Description

Property development of a modern apartment block consisting of seven apartments. The penthouse consists of 2 bedrooms and is located on the 4th floor. The building comprising of one and two bedroom apartments, each with their parking space and storage room, the new block will be situated in Ypsonas, within a few minutes access to the highway to cities like Paphos, Larnaka and Nicosia. Ypsonas, a suburb of Limassol combines both nature views and a quick hop to the center of Limassol.

Features

Veranda

Car park