+ 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 Apartment in Ypsonas, Limassol, Cyprus No. 30150

3

Bedrooms

3

Bathrooms

109 sq.m.

Square

III quarter, 2024

Completion date

Parameters

Property Description

Modern 3 bedroom apartment in a residential complex, located in a quiet area in Ypsonas of Limassol city, close to all amenities. It is surrounded by all the necessary amenities such as schools, supermarkets, shops, parks and streets which give an easy access to the city. At the same time it is far away from city noises and other annoying factors, thus making living in the area an enjoyable experience. The quiet neighborhood in combination with the peaceful surroundings is ideal for calm walks and restful days for adults as well as carefree safe playful days for the children. The project was created in a beautiful, quiet, urban neighborhood in Limassol. It is consisted of only 6 modern, functional apartments in three storeys. The apartment consists of 3 bedrooms, 2 bathrooms, guest toilet and an open plan kitchen with living room and verandas. Each apartment has provision for A/C, build-in wardrobes and kitchen, covered parking, storeroom. Delivery date: June 2024.

Features

Veranda

Veranda

3 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 30150

3 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 30150

Features

Indoor facilities

Veranda

Veranda

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