+ 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 Zakaki, Limassol, Cyprus No. 28393

2

Bedrooms

2

Bathrooms

76.1 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

New modern 2 bedroom apartment in a contemporary complex in a quiet residential area of Zakaki, suitable for young couples or families seeking a tranquil neighborhood that is both secluded , yet still close enough that all the city’s amenities are within easy reach. The project comprises a total of nine apartments evenly spaced out across three floors. The development’s ultra-functional and contemporary design features muted tones of gray, accented by flourishes of fair-faced concrete and wooden louvers. Large balconies surrounded by glass railings offer up sweeping views of the cityscape, and allow residents to sit back and enjoy the view from the privacy of their own home. Each of the nine apartments comprise two bedrooms each, and come with covered parking and storage space. The apartments are generously spaced out, and fitted with top of the line materials that will allow residents to live in comfortable elegance. Open plan kitchen and living areas boast parquet floors and gleaming marble countertops, as well as plenty of elbow room and storage space to make full use of each of these spaces. Large windows allow for an abundance of natural light to stream in, creating the essence of true island living.

Features

Veranda

Veranda

Storage room

Storage room

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 28393

2 bedrooms Apartment in Zakaki, Limassol, Cyprus No. 28393

Features

Indoor facilities

Veranda

Veranda

Storage room

Storage room

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