+ 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. 27216

2

Bedrooms

2

Bathrooms

79.7 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New 2 bedroom penthouse in a new project under construction located in the Ypsonas area, Limassol, within close proximity to different amenities and services. The project is among other new developments in the area, and is focused in offering a great living experience, with high quality materials and an eye to detail. There will be 4 stores building of only 9 apartments: five 1- bedroom and four 2- bedroom. Apartment features: a living/dining area, an open plan kitchen, 2 bedroom, 2 bathroom,  covered veranda and roof garden. The private parking space and separate storage room are equipped for all apartment owners. High quality laminated flooring in all bedrooms and ceramic flooring in the kitchen and living/dining areas. Provision for A/C, high quality sanitary wear from European brands, double glazed thermal aluminum window frames, water pressurize system, solar panels for hot water. Energy efficiency class A certificate.

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Penthouse in Ypsonas, Limassol, Cyprus No. 27216

2 bedrooms Penthouse in Ypsonas, Limassol, Cyprus No. 27216

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

This website uses cookies to help provide you with the best experience we can. These cookies are used to collect information about how you interact with our website and allow us to remember you. By using this website you agree to the use of cookies for analytics and personalized uses.

Learn more