€ 285 000

€ 3 701 / 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. 55789

Bedrooms

77 sq.m.

Square

IV quarter, 2026

Completion date

Parameters

Property Description

The last apartment in the building!
Construction has started to bring this impressive building to life. With only one 2 bedroom apartment left in the 2nd floor of the building, it features just 8 beautifully designed apartments with 1, 2, and 3-bedroom options, each equipped with PV panels for energy efficiency. Expect Italian kitchens, enjoyable living areas, and a prime location in the heart of Ypsonas. The apartment consists of 77 sqm internally, 31 sqm of verandas, and an additional 11 sqm of plant area combined onto the veranda. It is just a short drive away from the newly built MSC offices, My Mall, the New Port, and the Old port, to name a few. This is an ideal option for both comfortable living and investment.