+ 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. 46966

2

Bedrooms

79 sq.m.

Square

Parameters

Property Description

These apartments are situated in a highly convenient area of Limassol, offering quick access to essential services and key destinations across the city. The location provides close proximity to the General Hospital, making it suitable for both everyday living and long-term practicality. Residents also benefit from easy access to various amenities, while each unit includes a covered parking space for added comfort and convenience.

The main features of the project and the units:
• Apartments in Limassol
• Located in Ypsonas 
• Near the General Hospital
• Easy access to amenities
• Covered parking

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

Features

Storage room

Storage room

Car park

Car park

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+ VAT

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2 Bedrooms

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2 Bedrooms

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Features

Indoor facilities

Storage room

Storage room

Outdoor features

Car park

Car park

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