€ 265 000

€ 3 397 / 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%

2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 48749

Bedrooms

Bathrooms

78 sq.m.

Square

Parameters

Property Description

Phase B

This project consists of two blocks, offering a modern architectural design focused on efficient use of space and functionality. The development incorporates bioclimatic architecture principles to achieve Class A Energy Performance, ensuring durability and sustainability. Located in the Agios Sylas – Ypsonas area of Limassol, it provides convenient access to the highway and nearby amenities, combined with sea views from an elevated position.

The complex features six units: two 1-bedroom apartments, two 2-bedroom apartments, and two 2-bedroom penthouses with private roof gardens. Designed for privacy and comfort, the apartments maximize natural light and airflow, creating a functional living environment.

The main features of the project and the units:

• Two blocks
• Bioclimatic architecture
• 1-bedroom apartments: 2 units (first floor)
• 2-bedroom apartments: 2 units (second floor)
• 2-bedroom penthouses with roof gardens: 2 units (third floor)
• Located in Agios Sylas – Ypsonas, Limassol
• Convenient access to the highway
• Sea views from an elevated location

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