€ 2 700 000

€ 5 284 / 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%

5 rooms Building in Zakaki, Limassol, Cyprus No. 28401

Bedrooms

511 sq.m.

Square

IV quarter, 2023

Completion date

Parameters

Property Description

New modern residential building. The project is located at Zakaki area adjacent to the New Casino Resort of Limassol, 5 minutes’ walk to the biggest Mall of Cyprus and 10 minutes walking distance of the well-known Lady’s Mile beach. This Luxurious Block of apartments comprises of 7 exclusive apartments, 4 Two-Bedroom, 2 One-bedroom and 1 Three-bedroom Penthouse with spectacular sea view, facing the Casino Resort, open recreational areas and gardens. The project will be constructed to the highest standards and specifications meeting the most demanding requirements of clients who are looking to invest in the most desirable upcoming area on the island. This highline building is also next to the biggest golf centre of the island. Individual Parking for each apartment. Common swimming pool. Energy Efficiency Class A. Installed VRV Heating and Cooling Systems. CCTV Cameras. Exceptional Quality branded sanitary fittings. Carpentry and Joinery high quality laminate melaplan. Exterior finishes: HPL, aluminium and glass

Features

Veranda

Swimming pool