€ 350 000

€ 3 097 / sqm

+ 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. 46393

Bedrooms

Bathrooms

113 sq.m.

Square

Parameters

Property Description

This new residential development in Ypsonas offers modern 3-bedroom apartments designed for comfort, privacy, and high-quality living. Each apartment is fully independent, with no shared walls between units, providing excellent sound insulation and a heightened sense of privacy.

The project consists of two modern buildings of two to three storeys, currently under construction, and includes a total of 24 luxury apartments, with 12 units in each building. The layouts are created to support contemporary lifestyles while also offering strong investment potential.

The location in Ypsonas ensures fast and convenient access to the highway and Limassol city centre. A wide range of essential amenities, including schools, banks, supermarkets, shops, and everyday services, are situated nearby, making the area practical for both permanent living and investment purposes.

The main features of the project and the units:
• Two residential buildings
• 24 three-bedroom apartments
• Fully independent units with no shared walls
• Panoramic views
• Communal swimming pool
• Fully equipped gym
• Playground area
• Gated entrance with access control
• Private storage rooms
• Private parking spaces
• Spacious balconies
• Sliding windows
• Double-glazed windows
• Elevator
• Wheelchair accessibility
• Fast access to the highway and city centre

The project has an EPC certificate with “A” energy efficiency rating.