+ 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. 55898

2

Bedrooms

1

Bathrooms

75.95 sq.m.

Square

IV quarter, 2027

Completion date

Parameters

Property Description

Perched on a hilltop with breath-taking views of Akrotiri Bay. This contemporary development embraces a minimalist architectural approach. Its exterior harmoniously blends glass, wood, and concrete, creating a refined and modern aesthetic that makes a lasting impression. Offering just six boutique residences, this elegant 2-bedroom apartment epitomizes refined living. Thoughtfully designed for modern living that value both comfort and functionality, the apartment features an open-plan kitchen and living area bathed in natural light, seamlessly extending onto a spacious veranda and has a private roof garden of 48,62m2. This space is the perfect balance of elegance and ease. Between style and practicality ideal for young professionals or couples.

Features

Close to shopping malls

Close to shopping malls

Sea view

Sea view

Off-plan development

Off-plan development

Garden

Garden

Supermarket

Supermarket

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2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 55898

2 bedrooms Apartment in Ypsonas, Limassol, Cyprus No. 55898

Features

Location

Close to shopping malls

Close to shopping malls

Sea view

Sea view

Features

Off-plan development

Off-plan development

Outdoor features

Garden

Garden

Supermarket

Supermarket

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