2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 54875

Bedrooms

80 sq.m.

Square

€ 290 000

€ 3 625 / 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%

Parameters

Property Description

A contemporary residential development in Ypsonas, Limassol, where modern geometry meets central luxury. The building offers a carefully curated selection of one- and two-bedroom apartments, each featuring covered verandas and dedicated covered parking spaces.

Every apartment is finished to a high standard, with quality tiles throughout, marble kitchen countertops, double-glazed aluminium windows, photovoltaic systems, solar water heater, and a video intercom system. Carpentry colours are available to the buyer's choice, adding a personal touch to each residence.

An excellent choice for those seeking modern urban living in one of Limassol's well-connected residential areas, with convenient access to the city centre, schools, shops and the highway.

The Project has EPC certificate with "A" Energy Efficiency Rating.