+ 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. 27997

2

Bedrooms

2

Bathrooms

83 sq.m.

Square

IV quarter, 2025

Completion date

Parameters

Property Description

New 2-bedroom apartment in a new project located in the up-and-coming village of Ypsonas, Limassol. Nestled at the edge of Ypsonas village, overlooking the sea, complex strikes a perfect balance between the peacefulness of a residential neighborhood and the convenience of easy access to essential amenities in one of Limassol’s thriving villages. This new residential building offers one and two-bedroom apartments. Each apartment features spacious living areas, generous balconies, and includes a designated parking spot. Residents will enjoy spacious living areas and large balconies. Apartment features: high quality ceramic flooring in all areas including bedrooms, made-to-measure fireproof front doors, waterproof carpentry with marble worktops in the kitchen, modern LED lighting in the Living & Dining Area, made-to-measure wardrobes in the Bedrooms, sanitary ware and mixers from reputable manufacturers in the Bathrooms, glass railing on the Verandas, colored aluminum full height double glazed class A windows, pipe in pipe water tubes, pressured water system, solar water heating, provision for A/Cin all areas, comprehensive electrical wiring, centralized TV and satellite dish reception systems, direct optical fiber connection for high-speed internet, one covered parking space for each apartment on the ground floor with car charging provision infrastructure, two secure motorized gates for controlled access, each apartment is equipped with a video intercom system. Foundations & Superstructure: reinforced concrete in accordance with anti-seismic standards and regulations. Insulation and Waterproofing: each floor is constructed with lightweight aerated concrete, while the balconies and roof are sealed with a waterproof bitumen material for extra protection.

Features

Internet

Internet

Veranda

Veranda

2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 27997

2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 27997

Features

Features

Internet

Internet

Indoor facilities

Veranda

Veranda

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