+ 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%

1 bedroom Apartment in Ypsonas, Limassol, Cyprus No. 55629

1

Bedrooms

2

Bathrooms

50 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Modern 1-bedroom penthouse (50 sq.m.) in Ypsonas with panoramic sea & mountain views, Energy Class A efficiency, smart home technology, and covered parking – delivery December 2027.
• Property Details
Floor: 3rd (Penthouse)
Internal Area: 50 sq.m.
Bedrooms: 1
Bathrooms: 2
Parking: 1 Covered Space
Energy Efficiency: Class A
Status: Off-plan
Delivery Date: December 2027
• Views & Location Benefits
Beautiful Sea, Mountain & Panoramic Views
Direct access to the highway
Close to:
Schools
Town square
Supermarkets
Cafés & Restaurants
Located in a quiet residential neighborhood
• Features & Highlights
Penthouse-level privacy
Elevator & internal elevator access
Storage room
Covered parking
Air conditioning provisions
Security alarm system
Fire extinguishing system
High-speed internet infrastructure
Smart home system
Modern architectural design
• Ideal For
Young professionals
Couples
Investors seeking strong rental potential
Buyers looking for a compact, high-spec penthouse
This off-plan penthouse offers a rare opportunity to own a modern, energy-efficient property in one of Ypsonas’ rapidly developing areas.

Features

Mountain view

Mountain view

Sea view

Sea view

Panoramic view

Panoramic view

Alarm system

Alarm system

Smart Home system

Smart Home system

Internet

Internet

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1 bedroom Apartment in Ypsonas, Limassol, Cyprus No. 55629

1 bedroom Apartment in Ypsonas, Limassol, Cyprus No. 55629

Features

Location

Mountain view

Mountain view

Sea view

Sea view

Panoramic view

Panoramic view

Features

Alarm system

Alarm system

Smart Home system

Smart Home system

Internet

Internet

Indoor facilities

Elevator

Elevator

Outdoor features

School

School

Supermarket

Supermarket

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