+ 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 Ypsonas, Limassol, Cyprus No. 26616

2

Bedrooms

1

Bathrooms

76 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

New 2 bedroom apartment located in a new residence in the Ypsonas area, only couple of minutes from the highway and very close to the new most desired area of Limassol with the upcoming casino, mall and many more new high-rise developments emerging. The building is an elegant and contemporary design with high aesthetic standards and excellent material quality. The project is comprised of three stories and six apartments, two of which offer private roof garden and swimming pool. Featuring a spectacular aesthetic façade and an internal layout design that results in spacious and functional apartments, the development is the ideal choice for a comfortable and peaceful way of living.

Features

Veranda

Veranda

Storage room

Storage room

Swimming pool

Swimming pool

2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 26616

2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 26616

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

Outdoor features

Swimming pool

Swimming pool

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