+ 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. 32033

2

Bedrooms

2

Bathrooms

82 sq.m.

Square

III quarter, 2025

Completion date

Parameters

Property Description

New modern project located in Ypsonas area of Limassol, close to all necessary infrastructure and amenities, with easy access to the highway and the city center. The building features 3 floors with two 2 bedroom and two 3-bedroom apartments. Project has Energy Efficiency level A with high quality electric system and installation of photovoltaics on the roof. Covered parking and storage room for each apartment. Video entry phone on the main entrance. Double glazed thermal windows and double-glazed glass on the balconies. High quality sanitary ware. Provision for electric heating and wall mounted air conditioning split units. Provision of electric shutters in the bedrooms.

Features

Veranda

Veranda

2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 32033

2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 32033

Features

Indoor facilities

Veranda

Veranda

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