+ 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%

3 bedrooms Villa in Ypsonas, Limassol, Cyprus No. 28580

3

Bedrooms

2

Bathrooms

148 sq.m.

Square

I quarter, 2024

Completion date

Parameters

Property Description

New modern 3 bedroom detached house located in Ypsonas area of Limassol, close to all necessary infrastructure and amenities, with easy access to the highway and the city center. The project consist only three 3 bedroom houses. House features spacious living and dining area with an open-plan kitchen and a guest toilet. Covered parking in the yard. Second floor accommodates 3 bedrooms, main bathroom and en-suite shower in the master bedroom. Technical specifications include Austrian photovoltaic system 3Kw, German insulation 10cm ( ClimaPlus – Thrakon ) and solar panels & Italian pressure pipe manifolds & pipe-in-pipe system ( Giacomini ) Italian waterproofing system ( Copernit ) Belgian waterproof parquet with a LIFETIME warranty ( Quick-Step ) Insulated bricks and windows. Energy Efficiency Level A. Status: off-plan, delivery in 18 months after receiving building permit

Features

Veranda

Veranda

3 bedrooms Villa in Ypsonas, Limassol, Cyprus No. 28580

3 bedrooms Villa in Ypsonas, Limassol, Cyprus No. 28580

Features

Indoor facilities

Veranda

Veranda

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