Studio Apartment in Ypsonas, Limassol, Cyprus No. 56989

Studio

Bedrooms

35 sq.m.

Square

€ 140 000

€ 4 000 / 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

This complex of 5 blocks of apartments with a choice from studio apartments to 1, 2 and 3 bedrooms is located in a growing area of Ypsonas, Limassol.

All apartments will enjoy the covered verandas, some of them will have uncovered verandas and private roof gardens.

Each apartment will have a parking space.

There will be a playground with a covered terrace in the complex.

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

Features

Car park

Verified property

1 bedroom Apartment in Ypsonas, Limassol, Cyprus No. 56631

1 Bedrooms

1 Bathrooms

IV quarter, 2028

35 sq.m.

+ VAT

Studio

35 sq.m.

+ VAT

Studio

1 Bathrooms

35 sq.m.

+ VAT

Studio

35 sq.m.

+ VAT