€ 450 000

€ 3 000 / 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 Villa in Ypsonas, Limassol, Cyprus No. 48682

Bedrooms

150 sq.m.

Square

Parameters

Property Description

Located in the Ipsoupoli area of Limassol, this small-scale residential development offers three thoughtfully designed homes—two semi-detached villas and one private villa—currently available for sale. Positioned in a quiet residential neighborhood with convenient access to city amenities and the highway, the project is ideal for permanent living or investment.

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