+ 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. 26868

2

Bedrooms

2

Bathrooms

85.2 sq.m.

Square

I quarter, 2025

Completion date

Parameters

Property Description

New modern 2 bedroom penthouse in a contemporary complex designed to offer spacious and functional apartments in Ypsonas area of Limassol with easy access to the highway.  The residence is located at the attractive new build area of Ypsonas, only few minutes away from the city center. It enjoys the benefits of a peaceful environment and a quiet neighborhood with easy access to all essential community  amenities. The project consists of six 2-bedroom apartments  Each apartment has 2 parking spaces as well as its own storage room. Top quality materials, both structural and decorative, will provide its residents with the anticipated quality of life. The ample space of the apartments, the special features, the roof gardens and the big verandas give the comfort of a luxurious and relaxing living space in this attractive location of the city. All apartments have large balconies, ideal for enjoying the unobstructed views of Limassol. Photovoltaics will be installed for every apartment as well as for the common areas of the building.  The apartments are fitted with high standard kitchens, thermal double-glazing windows, electric shutters for bedrooms and thermal insulation for the  building. Moreover, fireproof exterior safety doors will be fitted at the entrance of each flat.  All apartments are equipped with smart systems. Mobile phone control electronic switches are fitted for the general lighting and controlling the hot water. Video door entry system at the main door of the building will also be fitted. 

Features

Veranda

Veranda

2 bedrooms Penthouse in Ypsonas, Limassol, Cyprus No. 26868

2 bedrooms Penthouse in Ypsonas, Limassol, Cyprus No. 26868

Features

Indoor facilities

Veranda

Veranda

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